“This is an all-hands-on-deck situation.” — Dr. Jerilyn Morrissey Chief Medical Officer, CorroHealth Hospitals must adopt strategic, data-driven approaches to challenge continually rising denials and protect financial health. Collaboration is the key to success. Working together ensures hospitals overcome financial pressures and patients receive the care they need. Read our latest article to learn how hospitals are overcoming financial pressures. Then, access our partnership playbook for strategies to build strong partnerships that deliver long-term positive financial results for your hospital. https://hubs.ly/Q02VVV_60 #CorroHealth #CDI #UM #RevenueIntegrity #HealthcareFinance
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It was an honor to collaborate with Pooja Lalwani and my mentors Halle Tecco, MPH, MBA and Sandeep Palakodeti, MD MPH on a new article regarding direct primary care (#DPC), published this week in the Journal of General Internal Medicine (#JGIM). As the traditional fee-for-service (#FFS) primary care model faces growing challenges such as clinician #burnout, a shortage of primary care physicians (#PCPs), and patient dissatisfaction, there is a pressing need for a new approach to primary care in the United States. DPC offers an innovative solution where patients pay periodic fees directly to their providers for primary care services. This model reduces administrative burdens for clinicians, allowing them to focus more on comprehensive patient care. Our team’s evidence-based financial analysis of two primary care practices demonstrates that DPC also provides financial advantages over traditional FFS models. Check out the full article below! Harvard Medical School, Harvard Medical School Center for Primary Care #Healthcare #PrimaryCare #HealthEconomics
Excited to see a paper I helped co-author get published this week in the Journal of General Internal Medicine. ?? With primary care providers in the United States experiencing increasing rates of burnout due to heavy patient loads and administrative tasks that pull away from clinical care, the fee-for-service payment model in primary care needs to be revisited. In this paper, we examine the direct primary care (DPC) model, which some suggest can help reduce burnout while improving patient care. No paywalls! Open access! Read more: https://lnkd.in/eNuXpt3F And thanks to my co-authors Sandeep Palakodeti, MD MPH Faraan Rahim Pooja Lalwani.
Direct Primary Care: Financial Analysis and Potential to Reshape the U.S. Healthcare Landscape - Journal of General Internal Medicine
link.springer.com
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This is a really cool calculator for those who are looking to figure out the economics of a blended DPC and fee-for-service model
Excited to see a paper I helped co-author get published this week in the Journal of General Internal Medicine. ?? With primary care providers in the United States experiencing increasing rates of burnout due to heavy patient loads and administrative tasks that pull away from clinical care, the fee-for-service payment model in primary care needs to be revisited. In this paper, we examine the direct primary care (DPC) model, which some suggest can help reduce burnout while improving patient care. No paywalls! Open access! Read more: https://lnkd.in/eNuXpt3F And thanks to my co-authors Sandeep Palakodeti, MD MPH Faraan Rahim Pooja Lalwani.
Direct Primary Care: Financial Analysis and Potential to Reshape the U.S. Healthcare Landscape - Journal of General Internal Medicine
link.springer.com
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I love that this paper was published. It is great to start to having more data on DPC. I think the cost estimates are even more dramatically different. Most pure DPC practices run much leaner than was estimated. 1. Decreased EMR costs 2. Significantly decreased Malpractice costs for physicians because of their lower panel sizes and improved relationships - we are sued less. 3. Staffing for 2 physicians with 1000 patients would only require one clinical staff and one admin (definitely not 4) 4. In the FFS practice you also have to consider the high deductible health plans and the fact patients pay out of pocket for their visits/labs/meds until they hit their deductible. DPC contains those costs. In regards to cherry picking I have found that the high utilizers of care actually cherry pick us because we spend a lot of time with them and help them manage their needs. That would be an interesting study! Thanks for getting the word out on direct primary care.
Excited to see a paper I helped co-author get published this week in the Journal of General Internal Medicine. ?? With primary care providers in the United States experiencing increasing rates of burnout due to heavy patient loads and administrative tasks that pull away from clinical care, the fee-for-service payment model in primary care needs to be revisited. In this paper, we examine the direct primary care (DPC) model, which some suggest can help reduce burnout while improving patient care. No paywalls! Open access! Read more: https://lnkd.in/eNuXpt3F And thanks to my co-authors Sandeep Palakodeti, MD MPH Faraan Rahim Pooja Lalwani.
Direct Primary Care: Financial Analysis and Potential to Reshape the U.S. Healthcare Landscape - Journal of General Internal Medicine
link.springer.com
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An interesting look at value-based care arrangements and the unique features, benefits and challenges of this model. The insights provided in the article underscore the importance of understanding the intricacies of each value-based care model to effectively implement strategies that optimize patient care delivery and financial outcomes. We are seeing a notable trend in the adoption of value-based care arrangements and are helping clients navigate these evolving relationships. HealthPayerIntelligence
A Look Inside the Four Most Common Value-Based Care Arrangements
healthpayerintelligence.com
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“… DPC positions the model as a transformative force in reshaping the American healthcare landscape…” This paper is packed with insights and data into more than just the financials of #DirectPrimaryCare model.
Excited to see a paper I helped co-author get published this week in the Journal of General Internal Medicine. ?? With primary care providers in the United States experiencing increasing rates of burnout due to heavy patient loads and administrative tasks that pull away from clinical care, the fee-for-service payment model in primary care needs to be revisited. In this paper, we examine the direct primary care (DPC) model, which some suggest can help reduce burnout while improving patient care. No paywalls! Open access! Read more: https://lnkd.in/eNuXpt3F And thanks to my co-authors Sandeep Palakodeti, MD MPH Faraan Rahim Pooja Lalwani.
Direct Primary Care: Financial Analysis and Potential to Reshape the U.S. Healthcare Landscape - Journal of General Internal Medicine
link.springer.com
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Value-based care = better outcomes, lower costs! See how stakeholders are reshaping US healthcare through innovation, partnerships, and patient education ???? https://lnkd.in/esRyFNxH
Health Care Leaders Push Forward on Value-Based Care Amid Challenges
ajmc.com
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We are entering a new phase of #valuebasedcare in which its efficacy and effectiveness are accepted across the larger #healthcare ecosystem. At CareAllies, we are privileged to see firsthand how the transition to value-based models enables the practices, hospitals, and health systems we serve to become more profitable, eliminate waste, empower providers to regain the joy of practicing medicine, and most importantly help patients achieve far more favorable health outcomes. The real magic of value-based care is that when it is done right everyone benefits. American Medical Association https://bit.ly/3U0Als9
AMA joins effort to build future of value-based care
ama-assn.org
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At Medicine In America, we share stories of innovation in medicine and those in healthcare blazing a trail to new ways of practicing, often looking at the issues from a wide-angle view. But this story in Forbes, from Peter Ubel, a physician and behavioral scientist at Duke University, takes a deep dive into how one hospital is crushed by the inefficiencies and costs of trying to measure quality of care. The numbers are disturbing and more proof that #healthcareisbroken. JAMA Network Health Systems & Recruitment American Medical Association Health Podcast Network https://lnkd.in/eXVfcSBv
The Crushing Cost Of Tracking Healthcare Quality—One Hospital’s Story
forbes.com
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?? Let's test your knowledge! HCAHPS & CAHPS surveys play a significant role in improving patient experience and satisfaction. But do they impact revenue too? Comment below and let's discuss how patient satisfaction affects the bottom line in healthcare. https://hubs.la/Q02G3DHv0
What are HCAHPS Scores? 4 Ways CAHPS Surveys Drive Revenue
https://www.careerstaff.com
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CMS’s 2025 Proposed Rule Is Out: More Cuts? Why Not? FORBES | By: Jeff Gorke | July 17th 2024 "The moral of the story as folks begin to digest the 2025 Proposed Rule? It’s time to engage with your professional societies and Congressmen to voice concern. In our majority fee-for-service environment, clinicians and healthcare systems simply cannot endure year-over-year cuts and expect to keep the doors open. Put differently: you simply can’t build the chairs at this price."
CMS’s 2025 Proposed Rule Is Out: More Cuts? Why Not!
social-www.forbes.com
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