Centennial, CO., October 17, 2016 – ValidCare, the industry’s premier surgical patient experience network announces today the expansion of their proprietary digital health platform to include surgical CareTracks™ for patients undergoing lower extremity total joint (i.e., total hip and total knee), spine and general surgical procedures.
ValidCare, LLC (Centennial, CO), the industry’s only patient experience network for surgical patients is excited to announce its partnership with Marcia Friesen & Associates, LLC (Chicago, IL), a global healthcare consulting firm specializing in customized orthopedic and healthcare solutions.
Negotiating the Minefield
Making Bundled Payments work for you in an era of Healthcare Payment Reform is a complex minefield of care coordination. Three key elements have been identified for successful transition to the pending mandates.1
Telehealth is arguably one of the best tools available to help lower hospital readmission rates, and it should be more widely leveraged because readmissions aren’t dropping as fast as many stakeholders would like.
If so, you are not alone… Over 1,200 hospitals are in the same boat despite their best efforts. Typically, symptoms (e.g., site infection, prosthetic issues, etc…) leading to unplanned readmissions occur outside the clinical environment leaving the care team blind until the patient shows up in the Emergency Department.
The Centers for Medicare & Medicaid Services (CMS) is effectively implementing a strategy to shift Medicare Fee-for-Service (FFS) payments to alternative reimbursement models. CMS proposed the first mandatory bundled payment model, i.e. the Comprehensive Care for Joint Replacement Model (CJR) in July as a 5-Year Program CY2016-2020.
For hospitals and physician group practices (PGPs) comfortable enough to adopt a “wait and see strategy” towards bundled payments, consider the early results of two awardee conveners in the Centers for Medicare and Medicaid Innovation’s (CMMI), Model 2, Bundle Payments for Care Improvement (BPCI) Initiative.
Physicians are schooled to be data-driven, objective problems solvers. From the early days of medical school, teaching the practice of medicine has involved deductive reasoning, problem solving and using data to help drive our thought-process and make decisions.