Browsing articles tagged with " Accountable Care Organization"
Oct
22
2011

Meaningful Use Incentive Program With Its Plan For ACOs

The new proposed regulations on accountable care organizations, released Thursday by the Department of Health and Human Services, show the government planning to link the HITECH meaningful use incentive program with its plans for ACOs. In a March 31 article published in the New England Journal of Medicine, Donald Berwick, MD, administrator of the Centers for Medicare and Medicaid Services, said the creation of ACOs is one of the first delivery-reform initiatives that will be [...]

Oct
13
2011

Only few have dedicated the resources necessary to build one successfully.

ACO(Healthcare Reforms)

A majority of hospitals, medical centers and physician groups are developing accountable care organizations, but few have dedicated the resources necessary to build one successfully. An understanding of how this part of health system reform works is sometimes lacking, according to the Accountable Care Organization Readiness Study released Sept. 21 by the management consulting firm Beacon Partners in Weymouth, Mass. The Patient Protection and Affordable Care Act states that accountable care organizations for Medicare beneficiaries [...]

Sep
30
2011

What’s needed to participate in an Accountable Care Organization

More than a third of healthcare providers plan to participate in the Centers for Medicare and Medicaid Services’ ACO Shared Savings Program, according to a recent KLAS survey of 197 providers. This despite their concerns that the advanced technology needed threatens to take money and IT skills away from Meaningful Use, ICD-10, and other IT projects. The report, entitled Accountable Care: Providers Forge the ACO Trail, also found that while the federal government has yet [...]

Sep
23
2011

ACO is the way of future, Report

While the accountable care organization (ACO) model may not be formally pursued from a Medicare ACO designation standpoint, the majority of providers agree that accountable care is where the future of healthcare is going, according to a new report from market researcher KLAS. The Orem, Utah-based researchers interviewed 197 providers at 187 organizations to get an early picture of how providers and vendors are piecing together accountable care and what creating an ACO will really [...]

Aug
4
2011

Could EMR Software be Detrimental to Healthcare?”

Last week I came across this article entitled Top 10 EMR Installation Mistakes by Pete Rivera of Healthcare Informatics.  Overall, this was a great list, but I was particularly struck by the second item listed in this top 10: We deal with this topic a lot in our practice.  Many healthcare organizations invest heavily in large EMR systems only to end up with digital information silos where paper based information silos existed before.  Healthcare decision makers [...]

Jul
2
2011

Reaserch Observe 5 Challenges for Healthcare Practices

5 Challenges for Medical Practices

Qualifying for meaningful use incentives and choosing the right electronic health record system are among the top 5 challenges medical practice managers are facing today, according to new research from the Medical Group Management Association (MGMA), which represents 21,500 members. The MGMA 2011 Medical Practice Today: What Members Have to Say revealed the top challenges of running a group practice: Preparing for reimbursement models that place a greater share of financial risk on the practice [...]

Jun
21
2011

EHR and Accountable Care Organization

The HIMSS Electronic Health Record Association (EHRA) is pleased that the Accountable Care Organization (ACO) Notice of Proposed Rulemaking isn’t overly prescriptive as to how entities must use health information technology. However, the organization wants the final rule to explicitly promote bi-directional, standards-based health information exchange and interoperability, according to Leigh Burchell, chair of the association’s Public Policy Leadership Work Group. In describing EHRA’s comment letter to CMS on the subject, Burchell, VP of Government [...]

May
24
2011

Still much work to be done to realize that level of cost reduction

Providing a seamless, integrated system of care across a range of healthcare settings, accountable care organizations (ACOs) are increasingly being touted as the cure for a failing health system. But challenges remain. Unlike the current fragmented model of healthcare provision, the ACO version is designed to enable and encourage healthcare providers to take greater responsibility for controlling the growth of healthcare costs for a given population of patients. By grouping together an ‘ecosystem’ of healthcare [...]

May
14
2011

Healthcare Quality Reporting

No one ever said that data gathering for healthcare quality reporting would be easy. Fact is, it’s usually time-consuming and tedious. Almost as much fun as cleaning out your file cabinet. Vendors can supply a variety of tools and services to ease the pain, but until practices switch to electronic medical records, the work involves lots of paper cuts. Still, it’s a necessary part of a medical practice. For instance, in accountable care organizations, which [...]

May
14
2011

93% respondents would not participate in the ACO program unless…

Questions and concerns surrounding ACOs (Accountable Care Organizations) have been well documented in the healthcare industry ever since the first healthcare reform proposals started making the rounds on Capitol Hill. Healthcare leaders question how the system will function during that “in-between period” as it moves from a pay-for-service to an ACO model. Concerns also abound regarding the lack of financial incentives for providers to transition to an ACO. More fuel was added to the ACO [...]

Apr
30
2011

HIT will play a large role in a number of processes or concepts of an Accountable Care Organization

benefits_of_accountable_care

www.beckershospitalreview.com When the Centers for Medicare and Medicaid Services released the proposed rule for accountable care organizations at the end of March, health information technology was recognized and emphasized as a central component. Technological aspects of the proposed rule are closely aligned to the Electronic Health Records Implementation Program and HITECH. HIT will play a large role in a number of processes or concepts of an ACO. Requirements on meaningful users of EHR By the [...]