Can one of the technologies most associated with the fee-for-service era – the EHR – reinvent itself for the very different requirements of value-based care? We regularly convene leaders from specialty practices nationwide to discuss their value-based care progress and recently posed this question to an audience representing more than 530 oncologists. More than two-thirds of respondents either said that their EHR was not ready, or they did not know whether it was ready, to accommodate “alternative payment models, bundles, or other innovative payment methodologies.”
After the first performance period (PP) 1 results that practices participating in the Oncology Care Model (OCM) received 6 months ago, it’s safe to say there was some discontent. Now, preliminary analysis of the recently released PP2 results has shown an improvement over PP1, according to Charles Saunders, MD, CEO of Integra Connect.
The advance of value-based payment models has compelled healthcare providers to assume greater accountability for the quality and cost of the care they deliver. For many, simply understanding new requirements has posed a daunting challenge. In a recent survey of practices representing 800 specialty physicians, when asked about their comfort level with the Merit-based Incentive Payment System (MIPS), a full 71 percent of respondents said, “I am learning but have a way to go.” These providers, mostly representing oncology and urology practices, understand that it is one thing to comply with new regulations and another to implement the practice transformation needed to thrive in a value-focused healthcare payment world.
Mr Bessette: Hello everyone and welcome back to the Journal of Clinical Pathways podcast. My name is Zack Bessette, and I’m the associate editor of the journal, and I’m joined by my colleague Amanda Del Signore, the managing editor of the journal.
With us today is Dr Charles Saunders, MD, the chief executive officer of Integra Connect, to discuss the company’s latest EHR Solution for Oncology, the only solution designed to capture, integrate, and provide data at the point of care to help match patients with optimal treatments and manage their progress over time.
Becker's Hospital Review is pleased to honor the following 36 individuals as up-and-comers in the health IT and revenue cycle space.
When the Centers for Medicare & Medicaid Services (CMS) released performance reports for the 181 practices enrolled in the Oncology Care Model (OCM) earlier this year, the action had the effect of creating as much confusion as it resolved. Practices were looking forward to finding out whether they qualified for bonus payments for exceptional performance. What some found out, however, was that they had to pay money back to CMS. Now, as participating practices anticipate the second round of performance reports, due at the end of August, they hope things will go more smoothly.
With a $266 million investment in Lumeris' parent company, Cerner Corp. is just one of many electronic health record vendors making inroads into population health and preparing for the move to value-based care.
At the MedCity CONVERGE conference in Philadelphia on July 11, panelists from payer Highmark and tech company Integra Connect explored how their organizations are approaching the intersection of cancer and value-based care.
Healthcare is in transition from the fee-for-service model, in which physicians are paid a fee for every specific service rendered, to the new value-based care (VBC) model, which reimburses based on the quality of patient care. VBC “changes the way that providers are reimbursed or paid,” says Charles Saunders, MD, CEO of Integra Connect, an IT company that offers technology and services to help specialists succeed under VBC in West Palm Beach, Fla.
We asked several healthcare executives what they are hearing their colleagues talk about the most. Here’s what they said.