News Clips
Revcycle Intelligence: (1/5) - This article breaks down how funding from the CARES Act and Provider Relief Fund were allocated across the United States. Of note, medically underserved areas appear to have received higher total payments and average payments from the Provider Relief Fund compared to counterparts in resource-rich areas, helping providers in struggling areas to remain open during COVID peaks.
Health Affairs: (1/4) - The Catalyst for Payment Reform and the Source on Healthcare and Price and Competition at UC Hastings College of the Law created a public database cataloguing state health care antitrust laws and pending legislation in order to better support states in advancing competition in health care markets. This article highlights three types of state legislation that could help maintain or encourage competition in the face of provider closures and acquisitions: bans on anticompetitive clauses in provider contracts, certificate of public advantage laws, and modifications to scope-of-practice laws.
Modern Healthcare: (12/31) - While medical students and residents are increasingly learning about value-based care, the opportunity to practice such learnings is limited in a largely fee-for-service health system. This article discusses the important role medical schools and residency programs can play in preparing physicians for a value-based care system.
Health Payer Intelligence: (12/31) - Payers are looking to build on the momentum around value-based care throughout the pandemic to enhance their value-based strategies moving forward. As such, some payers are leveraging artificial intelligence to broaden the evidence base used in value-based arrangements.
Milbank Memorial Fund: (12/30) - Value-based payment has potential to spur innovation in upstream prevention, but there is uncertainty about the conditions under which value-based payment will encourage health care providers to innovate to address upstream social risks. This cross-sectional study of social risk screening by U.S. physicians explores the role value-based payment can play in promoting innovation to address social risks.
Revcycle Intelligence: (12/29) - A new AMGA report revealed that medical group financial performance generally improved prior to COVID, with independent medical groups generating a profit in 2019. The profit per provider for independent medical groups increased from $5,200 in 2018 to $12,434 in 2019, and independent groups performed better financially compared to health systems.
Inside Health Policy: (12/28) - Several groups are pushing for the incoming Biden Administration to halt the Geographic Direct Contracting model from being implemented. In addition to a previous letter sent to the current administration by NAACOS, the Center for Medicare Advocacy and the Commonwealth Fund have called for the model to be suspended, citing several remaining unanswered questions around operational aspects of the model and the model’s impact on Medicare spending, care coordination, and beneficiary choice of providers.
WXYZ Detroit: (12/28) - Some independent primary care physicians in Detroit have expressed feeling overlooked while the COVID-19 vaccine distribution has begun among frontline health care workers in the state. Independent practices in the state have expressed concern, as the Michigan Department of Health and Human Services has not provided a timeline for when such practices can expect to receive the vaccine.
Managed Healthcare Executive: (12/26) - In the fifth part of MHE’s State of the Industry survey, respondents were split on the effect of the pandemic on the shift to value-based care. About 46 percent of respondents indicated that the pandemic had no effect on their organization’s relationship with value-based care, while nine percent said it had a negative effect. Additionally, 44 percent of respondents noted some level of increase in value-based arrangements, and the majority of respondents said downside risk has not yet taken hold.
Fierce Healthcare: (12/23) - In this article, CMMI Director Brad Smith outlines how the Geographic Direct Contracting Model is a win for beneficiaries, communities, and health care stakeholders, as it is an important step forward for value-based care at the regional level.
AJMC: (12/22) - As the shift to value-based care continues, the need for value assessment research to be more inclusive of the patient perspective has grown. This article outlines how the health care field can better align value with patient-centered outcomes that can be captured, measured, and operationalized.
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