More patients and providers are being exposed to telehealth and virtual care. In such a scenario, a report was published by McKinsey predicting that $250 billion of current U.S. healthcare spending could be virtualized.
Cloud-based ERP supports the journey towards value-based care
As the process of rolling out EHRs slows, the focus has shifted to the next generation of ERP system, cloud-hosted solutions that link HR, finance and supply chain. KLAS finds in its latest report that more and more C-suite executives are learning the benefits of the cloud: improved efficiency and transparency, massive computing power, better security, all at lower operating costs.
Value-based model gains a greater foothold, cut 20% of MA spending
There is mounting evidence to confirm that value-based care models are more cost-effective than fee-for-service, according to Humana’s fifth Value-Based Care Report, which said bundled payments and value-based payer-provider partnership are key to this process.
Impact of value-based healthcare is being felt widely
After years of discussion, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes instead of number of patients they see. Value-based care needs vendors as well as providers to operate differently. But these new revenue models and the modern approach to hiring deserve special consideration.
Methodist Charlton Medical Center designated as first trauma center in Southern Dallas
Hospitals are set on the path of further progress with the introduction of value-based healthcare system, telehealth etc.