Author: BHM Marketing

Payers and Providers Value-Based Care Reimbursement

Value-based care reimbursement models (VBR) are becoming a popular choice for many healthcare providers and payers, as fee-for-service, (and traditional incentive based payment models), are phased out. According to a recent McKesson survey “Journey to Value: The State of Value-Based Reimbursement in 2016,” 58% of payers and hospitals are planning to adopt value-based care reimbursement models.

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Wearable tech in healthcare

5 Trends in Business Analytics and Technology that are Improving Healthcare

There has always been change in the healthcare industry, but the pace of change has recently sped up. Medical practitioners are highly knowledgeable and work hard towards being in line with the latest industry research. However, they can’t possibly keep in mind everything they should for each situation.

Even with access to massive amounts of data for the comparison of treatment outcomes, they still need expertise, time to analyze that data, and have it integrated with the medical profile of the patient. Such an in-depth research and statistical analysis goes beyond the scope of a physician. While relying on clinical data and claims data has value, there is a great opportunity for organizations to take their health efforts to the next level by integrating both claims and clinical data. Here are the major technological trends in healthcare right now.

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3 Healthcare Trends to Watch for 2017

As 2016 comes to a close, now is the time to look at what healthcare trends might bring us into 2017. Current healthcare trends can help healthcare organizations predict changes in the marketplace and isolate places of improvement. From ACOs to behavioral health, here 3 important trends to watch as we enter 2017.

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Healthcare Transformation Assistance Critical in Changing Times

The healthcare industry is rapidly changing and growing. Healthcare reform in one of the biggest factors to jump-starts change in all aspects of a healthcare organization. The rapid shift to value based performance and consumer outcomes, from fee-for-service payment, puts Healthcare Transformation Assistance programs and services in the forefront of change. They are designed to assist your organization in this rapidly evolving environment.

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Medication Adherence Higher in Patient Centered Medical Homes

The Patient Centered Medical Home is very important model of care that has been growing in popularity across the national. The PCMH is not specific place but more a model of care focused on accessible, coordinated, comprehensive, and patient centered care. PCMH are also committed to and is committed to quality and safety. The PCMH model is a great way for primary care organizations to put a stronger emphasis on care coordination and communication, which in turn helps transform primary care to be more patient-centered.

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6 Tips for Reducing Claims Denials

Optimizing your revenue cycle starts with reducing denials. In order to do this, you must have an effective Denial Management strategy in place. According to a new HIMSS Analytics study, 56% of hospitals surveyed said they don’t use a vendor solution for claim denials. However, around 60% of those respondents are planning on purchasing a claims denials management tool within the next year. If you are part of the 40%, now may be the time to think about investing in tools for claims denials.

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