One successful partnership is with Reid Hospital, which has provided quality care to the Richmond, Indiana community for more than 100 years. Reid Hospital became interested in the ACO concept to try out alternative models of care delivery.
Understanding the value in big data can make the biggest difference in improving patient care. It’s not enough to just have the data on-hand – physicians and clinical staff must have clear, actionable insight into their analytics to effectively meet the needs of their patients.
Many population health strategies focus solely on treating high-cost patients with most of the responsibility left on physicians. While this is an intrinsic element to population health management, Caravan Health’s model thinks globally.
In 2016, 23 of Caravan Health’s Track 1 ACOs increased net patient revenue by 17 percent and saw an improvement in 14 of 17 quality measures. These successes were dependent on Caravan’s data-driven model.
It’s no secret that Caravan Health’s results show that ACOs present the greatest pathway to operational and financial success.
As hospitals make the transition to value-based payments, many physicians are carrying the burden of new population health initiatives. But what if there was a way to improve patient care while eliminating physician workloads?
In the early hours of Friday, February 9, the U.S. House of Representatives voted to approve the Bipartisan Budget Act of 2018, a 2-year budget agreement that includes a six week extension of appropriations to avoid a government shutdown. Amongst the 600 plus page bill were some modest amendments to the MIPS, the new Medicare physician payment system implemented under MACRA.
The Medicare Payment Advisory Commission recently voted to replace the Merit-Based Incentive Payments System (MIPS), leaving many health care leaders questioning their current payment strategies.
Caravan Health is pleased to announce an exciting new partnership with Astria Health.