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Administration in the US has always been trying to  to transform the healthcare industry as much as possible. As compared to other functioning industries in the US, changes have been relatively slow but powerful. Most of the reforms were an effort to move away from the traditional Fee-For-Service system, the mantra of which was: to make more, do more to a  Value-Based Reimbursement procedure.

“Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives.”  – William A. Foster.

One of the most celebrated conferences in healthcare IT, HIMSS 2017, commenced on February 19th and more than 40,000 health IT professionals, vendors, and executives have gathered in Orlando to discuss the future possibilities healthcare holds. Day 1 brought with itself many insightful discussions varying from EHR safety, precision medicine and interoperability, to the need for increasing cybersecurity and medical identity theft. Here are some of the major takeaways from Day 1:

Innovaccer Inc., a Silicon Valley- Headquartered Healthcare analytics company, will be at HIMSS 2017 in Orlando, Florida to accelerate improvements in the value-based ecosystem with its revamped proprietary product, Datashop – the operating system that powers healthcare.

Value-based reimbursement is probably the most talked-about notion in the healthcare industry. The announcement by the Department of Health and Human Services at the start of 2015 to link half of all traditional Medicare payments to a comprehensive value-based reimbursement model before 2018 concluded, followed quickly by the unveiling of MACRA accelerated the transition to quality care improvements and a value-based care world.

No value-based care model can be complete without efficient care management being the cornerstone. Developing a comprehensive strategy focusing on the patient whereabouts, health information, episode details, and accessing all the relevant information at the point of care can be a complex undertaking for any healthcare organization. There are multiple, sprawling sources of healthcare information which have produced widespread fragmentation of patient data and can lead to degraded health outcomes.