We all know that CMS is pushing hard towards value-based care. They’re goal is to have 100% of Medicare beneficiaries in a value-based care arrangement by 2030. We see a number of ACO approaches that make up these efforts, along with Medicare Advantage plans. While there are a lot of nuances to their approaches to value-based care, at the core of each of them, is the technology that allows healthcare organizations to make value- based care a reality. Without the right technology, is value-based care even possible?
Another thing we’ve learned over the years, is that it’s generally not possible to address value-based care alone. You have to leverage a network of providers to address the health of the populations you serve, and it takes technology to allow these organizations to connect and collaborate. Otherwise, you’re not going to drive the savings needed to be successful. Plus, when it comes to savings, many acute care organizations have rung the proverbial sponge as much as they can when it comes to changes they can make internally, such as length of stay and hospital readmissions. Sure, they may be able to get a little more out of their efforts, but it’s time for providers to collaborate with other care partners and utilize technology to be successful in value-based care.
READ MORE: https://www.healthcareittoday.com/2024/05/21/how-technology-drives-value-based-care/
