The Institute for Health Technology Transformation, or IHT2, is releasing a new report today entitled “12 Things You Need to Know About Value-Based Reimbursement: Building an Infrastructure for Financial Risk.” The IHT2 states that “the report has drawn insights from industry analysts, leading healthcare providers, and healthcare IT leaders to describe the strategies some large healthcare systems and ACOs are using to prepare for the impending acceleration of the shift to value-based reimbursement.”
The healthcare executives contributing to the report include:
- Brian Drozdowicz, Senior Vice President & General Manager, Caradigm
- Robert Fortini, PNP, Chief Clinical Officer, Bon Secours Medical Group
- Marcia James, Vice President for Accountable Care, Mercy Health System
- Mark Wagar, President, Heritage Medical Systems
- David Wennberg, MD, MPH, Adjunct Associate Professor, The Dartmouth Institute and of Medicine, Chief Executive Officer, Northern New England Accountable Care Collaborative
The report states that many healthcare organizations “already take varying amounts of financial risk, but the percentage of their revenues coming from shared savings, bundled payments, and global or partial capitation is certain to rise in the next few years.” In the report, the contributors discuss strategies that organizations are using to prepare for the shift to value-based reimbursement, including the use of “data aggregation, analysis, and predictive modeling to identify and manage high-risk patients who generate the majority of costs.”
You can download the IHT2 report on value-based reimbursements with this link: http://ihealthtran.hs-sites.
I’ve been reviewing a pre-release version of this report, and I will post more details and excerpts from this interesting report in the next day or so.