News | August 17, 2015

The Institute For Health Technology Transformation And Caradigm Release Special Report On Value-Based Reimbursement

12 Things You Need to Know About Value-Based Reimbursement: Building an Infrastructure for Financial Risk

The Institute for Health Technology Transformation (iHT²)in collaboration with Caradigm, the leader in Population Health, recently released a special report on value-based reimbursement, 12 Things You Need to Know About Value-Based Reimbursement: Building an Infrastructure for Financial Risk.

This report draws 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 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.

The special report is available for download at no cost at http://ihealthtran.hs-sites.com/iht2-value-based-reimbursement-research-report.

Healthcare executives contributing to the report include: Brian Drozdowicz, Senior Vice President & General Manager of Population Health, 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; and David Wennberg, MD, MPH, Adjunct Associate Professor, The Dartmouth Institute and of Medicine, Chief Executive Officer, Northern New England Accountable Care Collaborative.

Caradigm Leaders to Speak at iHT2 Health IT Summit in Seattle August 17, 18
Caradigm also announced that CEO Michael Simpson and Vice President of Quality Assurance and Regulatory Affairs Mike Willingham are panel participants at the iHT2 Health IT Summit in Seattle on August 17 and 18. On Monday, August 17, Willingham will speak at the “Healthcare Cyber Security Solutions: Concepts and Trends” session. And on Tuesday, August 18, Simpson will address accountable care issues as a member of the “Analytics Driving Accountable Care” panel.

For additional information, The Institute for Health Technology Transformation (iHT2) provides a variety of resources, including articles, interviews, reports, data, and more at http://ihealthtran.com/wordpress/

About Caradigm
Caradigm is a healthcare analytics and population health company dedicated to helping organizations improve care, reduce costs, and manage risk. Caradigm analytics solutions provide insight into patients, populations, and performance, enabling healthcare organizations to understand their clinical and financial risk and identify the actions needed to address it. Caradigm population health solutions enable teams to deliver the appropriate care to patients through effective coordination and patient engagement, helping to improve outcomes and financial results. The key to Caradigm analytics and population health solutions is a rich set of clinical, operational, and financial data delivered to healthcare professionals within their workflows in near-real time. For more information, visit www.caradigm.com.

The Institute for Health Technology Transformation (iHT2)
The Institute for Health Technology Transformation is the leading organization committed to bringing together private and public sector leaders fostering the growth and effective use of technology across the healthcare industry.

Through collaborative efforts the Institute provides programs that drive innovation, educate, and provide a critical understanding of how technology applications, solutions and devices can improve the quality, safety and efficiency of healthcare. For more information, visit http://ihealthtran.com/.

Source: Caradigm