Blogs

How to Manage Risk and Bring Value-Based Care to Senior Care Settings

One of the most pressing challenges in healthcare today is physician and healthcare staff burnout, which is exacerbated by a shortage of skilled healthcare professionals. Industry surveys indicate that 35-54% of nurses and care managers report high levels of burnout. This crisis has far-reaching implications for the well-being of the care staff, the quality of patient care, and value outcomes as burnout can lead to a 7% increase in medical errors and a 6% increase in patient mortality. As healthcare organizations strive to transition to value-based care models, addressing these workforce challenges becomes critical to achieving desired outcomes.

For decades, researchers have been working toward a common vision of ambient intelligence, achieving a pervasive computing environment that enables interaction with and responds appropriately to humans. Finding ways to harness the cloud and advanced AI have helped to create more intelligent spaces that help people live and work more safely, efficiently, and sustainably.

Balancing automation with expert input to effectively navigate the complexities of contract management.

It's groundhog day again and it's unclear if we are going to bear the additional load or if this will be the one that breaks our backs.The recent CMS proposal to decrease physician pay by 2.8% in FY2025 is causing great concern. This potential pay cut is a stark reminder of the untenable position that physicians find themselves in. They're being asked to transform their practices even as they increasingly struggle to keep the lights on in the face of rising costs and increasing demand. While at the same time, there is hope for enhancing and expanding value-based care models with an emphasis on primary care and chronic care management.

Healthcare organizations that want to participate in the new ACO Primary Care Flex Model (ACO PC Flex) have until August 1, 2024, to submit their applications. The opportunity to participate in the newest Medicare program prompts some important questions. First, should your organization participate? What makes this program different from others? Are there features that could impact and improve outcomes—clinical and financial? We believe there are.