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Our healthcare analytics payment model uses predictive analytics to assist ACOs in patient attribution, budget development, bench-marking and performance monitoring to maximize incentives through shared savings and quality improvements.
Analytics is a key enabler for life sciences and healthcare organizations to create better outcomes for patients, customers and other stakeholders across the entire healthcare ecosystem. While almost two-thirds of organizations across the healthcare ecosystem have analytics strategies in place, our research shows that only a fifth are driving analytics adoption across the enterprise. The key barriers are a lack of data management capabilities and skilled analysts, as well as poor organizational change management. To develop and translate insights into actions that enhance outcomes, organizations will need to collaborate across an expanding ecosystem.
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Now more than ever, we are entering a period of rapid change catalyzed by the power of data. On December 21, 2018, the Centers for Medicare and Medicaid Services (CMS) issued a final rule for the Medicare Shared Savings Program (MSSP), strengthening the financial incentives for ACOs to drive improved outcomes. The health systems that embrace data to achieve financial success will grow while the rest will struggle to compete. View this webinar for a discussion on how to prepare.
The US healthcare system didn’t develop overnight, rather, it is the culmination of a series of revolutions within wealthy parts of the world. In this webinar, we explore the high points of history that have led us to our current challenges. While care has steadily improved over time, the cost of that care has risen at a much more dramatic rate. CMS created the MSSP to help mitigate the growth of these costs while providing better care for individuals and populations. On a larger scale, the program serves to shift the healthcare industry towards fee-for-value.
Despite general frustration related to legislative involvement, history has proven that regulatory changes precede attitudinal changes and the MSSP (combined with accurate, timely data) may be just the piece of legislation to help make value-based care a reality. By viewing this webinar you will learn:
- How the US healthcare industry reached its current state.
- Why financial imperatives drive cultural change in our economic model.
- Ways that the MSSP can help your organization achieve financial success.
- Ideas for how to utilize data to develop better healthcare delivery systems.
Dr. Will Caldwell is a strong proponent of the use of data analytics to promote good health and save lives. His area of expertise rests in technology-enabled health care delivery models and value-based care platforms. We hope that you will view this webinar and learn from his 17-years of work as a data-informed clinician.
Cloud computing promises to fundamentally transform the global healthcare industry. But most healthcare providers have only just started to understand the power of cloud to not only drive efficiency, but also to redefine collaboration, partnering, and business models. The IBM Institute for Business Value point-of-view explores the opportunities and implications of cloud computing to help global healthcare companies meet new competitive pressures and ever-expanding consumer expectations.
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Hospitals have experienced improvements in uncompensated care revenue, primarily due to the ACA. But reform and economic uncertainty are creating a perfect storm that could erase this momentum.
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LexisNexis Risk Solutions conducted its 2015 Fraud Mitigation Study to examine some of the trends around fraud, fraud detection and fraud analytics, particularly related to the propensity for criminals to perpetrate fraud within multiple industries. Findings uncovered that cross-industry fraud is prevalent and costly, and that fraud mitigation professionals from insurance, health care, retail, communications, insurance, financial services and government could benefit from details of fraud investigations from outside of their own industry. Check out the highlights from our fraud study here.
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Small practices face many struggles on the road to success. This webinar overviews the top obstacles they face, addresses the reasons behind the decline in numbers of independent practices, and provides solutions for them to remain successful despite the challenges.
Are you working to build a consistent risk management approach for coordinating your third-party vendors? Accenture’s Third-Party Risk Management framework offers an approach underpinned by continuous processes embedded across the organization. See our infographic for a description of our capabilities. Visit http://bit.ly/1URw335 for latest thinking and more.
Learn more about our simple, smart, fast, and reliable behavioral health solutions. We’ll help you enhance care quality, better coordinate care, streamline workflows, and grow your bottom line.
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The fundamental principles of the Affordable Care Act recognize that the volume-based, fee-for-service payment model is unsustainable and that a value-based healthcare delivery system is essential. With the emergence of Accountable Care Organizations (ACOs), providers are incentivized to implement payment reforms and participate in shared savings programs that seek to balance quality of care, access to care and cost of care.
Our healthcare analytics payment model uses predictive analytics to assist ACOs in patient attribution, budget development, bench-marking and performance monitoring to maximize incentives through shared savings and quality improvements.
Analytics is a key enabler for life sciences and healthcare organizations to create better outcomes for patients, customers and other stakeholders across the entire healthcare ecosystem. While almost two-thirds of organizations across the healthcare ecosystem have analytics strategies in place, our research shows that only a fifth are driving analytics adoption across the enterprise. The key barriers are a lack of data management capabilities and skilled analysts, as well as poor organizational change management. To develop and translate insights into actions that enhance outcomes, organizations will need to collaborate across an expanding ecosystem.
The Next Revolution in Healthcare: Why the New MSSP Revisions Matter Now More...Health Catalyst
Now more than ever, we are entering a period of rapid change catalyzed by the power of data. On December 21, 2018, the Centers for Medicare and Medicaid Services (CMS) issued a final rule for the Medicare Shared Savings Program (MSSP), strengthening the financial incentives for ACOs to drive improved outcomes. The health systems that embrace data to achieve financial success will grow while the rest will struggle to compete. View this webinar for a discussion on how to prepare.
The US healthcare system didn’t develop overnight, rather, it is the culmination of a series of revolutions within wealthy parts of the world. In this webinar, we explore the high points of history that have led us to our current challenges. While care has steadily improved over time, the cost of that care has risen at a much more dramatic rate. CMS created the MSSP to help mitigate the growth of these costs while providing better care for individuals and populations. On a larger scale, the program serves to shift the healthcare industry towards fee-for-value.
Despite general frustration related to legislative involvement, history has proven that regulatory changes precede attitudinal changes and the MSSP (combined with accurate, timely data) may be just the piece of legislation to help make value-based care a reality. By viewing this webinar you will learn:
- How the US healthcare industry reached its current state.
- Why financial imperatives drive cultural change in our economic model.
- Ways that the MSSP can help your organization achieve financial success.
- Ideas for how to utilize data to develop better healthcare delivery systems.
Dr. Will Caldwell is a strong proponent of the use of data analytics to promote good health and save lives. His area of expertise rests in technology-enabled health care delivery models and value-based care platforms. We hope that you will view this webinar and learn from his 17-years of work as a data-informed clinician.
Cloud computing promises to fundamentally transform the global healthcare industry. But most healthcare providers have only just started to understand the power of cloud to not only drive efficiency, but also to redefine collaboration, partnering, and business models. The IBM Institute for Business Value point-of-view explores the opportunities and implications of cloud computing to help global healthcare companies meet new competitive pressures and ever-expanding consumer expectations.
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COVID-19 could be the catalyst for lasting change throughout the industry—if providers and payers make the right moves to respond to ongoing waves of the virus, reset operating models and reimagine their future roles in a world reshaped by the pandemic.
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The healthcare reform law will have far-reaching impacts in areas of
Coverage
Insurance Reform
Insurance Mandates
Health Insurance Exchanges
Get the FACTS here a MUST see POWER POINT
Medicare-certified home health providers' landscape changed with PDGM
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1. How COVID-19 accelerated the timelines for transformation
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In this webinar, Aimee will:
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Health Services Tax Conference May 18-19, 2015, Presentations included: Mega Trends and the Impact on Healthcare, The Healthcare Industry: A View from Washington and The New Health Economy.
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Many providers are focusing their COVID-19 financial recovery efforts on reinstating elective surgeries and ambulatory visits safely and effectively. However, an increasing number of providers are hastily shifting from ambulatory to virtual care without fully considering the financial implications. Shifting to virtual care may have unintended financial impact on many other facets of your business, including physician compensation, staffing needs, fixed assets, and more.
Dan Unger, Senior Vice President and General Manager of Financial Transformation Business at Health Catalyst, explores the financial implications of shifting from ambulatory to virtual care as part of your organization’s COVID-19 financial recovery strategy.
In this webinar, Dan discusses the following:
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A Smart and Connected Ecosystem for Faster Return to Work for Disability and ...Cognizant
Digital and workers' comp insurers should leverage a wide range of digital health technologies, monitoring devices and wellness analytics to reduce return to work (RTW) times and thereby increase operational efficiency, cut claims costs and offer better outcomes to all stakeholders.
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Similar to COVID-19 Hospital & Health System Survey (20)
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Welcome to Secret Tantric, London’s finest VIP Massage agency. Since we first opened our doors, we have provided the ultimate erotic massage experience to innumerable clients, each one searching for the very best sensual massage in London. We come by this reputation honestly with a dynamic team of the city’s most beautiful masseuses.
CHAPTER 1 SEMESTER V PREVENTIVE-PEDIATRICS.pdfSachin Sharma
This content provides an overview of preventive pediatrics. It defines preventive pediatrics as preventing disease and promoting children's physical, mental, and social well-being to achieve positive health. It discusses antenatal, postnatal, and social preventive pediatrics. It also covers various child health programs like immunization, breastfeeding, ICDS, and the roles of organizations like WHO, UNICEF, and nurses in preventive pediatrics.
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...ILC- UK
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Alongside the 77th World Health Assembly in Geneva on 28 May 2024, we launched the second version of our Index, allowing us to track progress and give new insights into what needs to be done to keep populations healthier for longer.
The speakers included:
Professor Orazio Schillaci, Minister of Health, Italy
Dr Hans Groth, Chairman of the Board, World Demographic & Ageing Forum
Professor Ilona Kickbusch, Founder and Chair, Global Health Centre, Geneva Graduate Institute and co-chair, World Health Summit Council
Dr Natasha Azzopardi Muscat, Director, Country Health Policies and Systems Division, World Health Organisation EURO
Dr Marta Lomazzi, Executive Manager, World Federation of Public Health Associations
Dr Shyam Bishen, Head, Centre for Health and Healthcare and Member of the Executive Committee, World Economic Forum
Dr Karin Tegmark Wisell, Director General, Public Health Agency of Sweden
Leading the Way in Nephrology: Dr. David Greene's Work with Stem Cells for Ki...Dr. David Greene Arizona
As we watch Dr. Greene's continued efforts and research in Arizona, it's clear that stem cell therapy holds a promising key to unlocking new doors in the treatment of kidney disease. With each study and trial, we step closer to a world where kidney disease is no longer a life sentence but a treatable condition, thanks to pioneers like Dr. David Greene.
CRISPR-Cas9, a revolutionary gene-editing tool, holds immense potential to reshape medicine, agriculture, and our understanding of life. But like any powerful tool, it comes with ethical considerations.
Unveiling CRISPR: This naturally occurring bacterial defense system (crRNA & Cas9 protein) fights viruses. Scientists repurposed it for precise gene editing (correction, deletion, insertion) by targeting specific DNA sequences.
The Promise: CRISPR offers exciting possibilities:
Gene Therapy: Correcting genetic diseases like cystic fibrosis.
Agriculture: Engineering crops resistant to pests and harsh environments.
Research: Studying gene function to unlock new knowledge.
The Peril: Ethical concerns demand attention:
Off-target Effects: Unintended DNA edits can have unforeseen consequences.
Eugenics: Misusing CRISPR for designer babies raises social and ethical questions.
Equity: High costs could limit access to this potentially life-saving technology.
The Path Forward: Responsible development is crucial:
International Collaboration: Clear guidelines are needed for research and human trials.
Public Education: Open discussions ensure informed decisions about CRISPR.
Prioritize Safety and Ethics: Safety and ethical principles must be paramount.
CRISPR offers a powerful tool for a better future, but responsible development and addressing ethical concerns are essential. By prioritizing safety, fostering open dialogue, and ensuring equitable access, we can harness CRISPR's power for the benefit of all. (2998 characters)
1. COVID-19 HOSPITAL
& HEALTH SYSTEM SURVEY
The Impact of the Pandemic on Provider
Revenues, Elective Procedure Volumes,
Telehealth Use, & Working Arrangements
May 2020
2. 2 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Respondents
Responses were fielded May 4 - May 8, 2020
40% C-level
10% Vice President
50% Director
174 Respondents
1%
12%
22%
65%
Ambulatory care clinic Medical group or
specialty practice
Health system
headquarters /
corporate offices
Hospital or medical
center
3. 3 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Providers projecting revenue & patient volume drops,
incremental improvements by year’s end
Q: How do you expect your future revenues to compare to pre-pandemic revenue levels?
Compared to pre-COVID-19, 89%
of executives predict their
organizations’ revenues will be
lower at the end of 2020.
Among respondents, almost two-
thirds project decreases of
greater than 15%, and one-in-
five forecast decreases of more
than 30%.
6%
14%
42%
27%
8%
3%
–45.1% to –60% –30.1% to –45% –15.1% to –30% –0.1% to –15% 0% to 15% 15.1% to 30%
4. 4 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Providers projecting revenue & patient volume drops,
incremental improvements by year’s end
Q: When do you anticipate your elective procedure volumes returning to pre-COVID levels?
15%
36%
35%
12%
3%
Within 3
months
3-6
months
6-12
months
More
than a
year
Never
Half of respondents
anticipate it will take through
the end of the year or
longer for their organizations’
elective procedure
volumes to return to
pre-COVID-19 levels.
5. 5 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Majority of providers not yet ready for post-COVID-19
telehealth push
Q: How prepared is your organization to meet
the increasing demand for telehealth serves?
36%
56%
7%
1%
We’re fully prepared
with all needed
capabilities
We're somewhat
prepared, but need to
enhance our
capabilities
We’re somewhat
unprepared, need to
enhance/acquire
capabilities
We aren’t prepared,
need to
acquire/develop most
capabilities
67% of executives predict their organizations will use telehealth at least five times more than
pre-pandemic, but only ~one-third believe they have all needed telehealth capabilities.
Q: By the end of the year, how much do you
predict your organization will be using
telehealth compared to last year?
4%
29%
31%
17%
19%
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
About the
same
Twice (2X) as
much as we
used to
5 times (5X)
as much as we
used to
10 times (10X)
as much as we
used to
More than 10
times (10X+)
as much as we
used to
6. 6 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Providers preparing for significant changes
to working arrangements
Q: How will the work-from-home experience impact your strategy for flexible work and space
planning in the future?
16%
20%
43%
22%
It is too early to tell We expect to return to
pre-pandemic work
arrangements with most
employees working onsite
We’ve decided to institute
more work-from-home
options & reassess our
future space use needs
We’ll continue to evaluate
more work-from-home
options & the effect on our
future space use needs
Just 1-in-5 executives
expect their organizations
will return to the
primarily onsite work
arrangements
established pre-pandemic.
22% of executives have
already decided to institute
more work-from-home
options, reassess
future space needs.
7. 7 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Just 11% of all executives –
and only 3% of health
system respondents –
believe federal funding
will be enough to cover
COVID-19-related costs.
Federal funding won’t cover COVID-19-related costs
Q: Do you project government funding will be enough to cover the additional costs
associated with COVID-19 ?
68%
20%
11%
1%
No, we believe it will cover
some, but not enough
No, we believe it will cover
most, but not all
Yes, we believe it will be
enough
We will not receive federal
funding
8. 8 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Increase in thoughtful M&A, partnerships
Q: How does the pandemic change your M&A plans?
71%
14% 15%
Does not change Increases our likelihood of seeking new
partnerships
Increases our likelihood of M&A activity
29% of executives say the
pandemic has increased the
likelihood of their
organization participating in
M&A or seeking new
partnerships.
9. 9 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Providers targeting capital expenditures, labor,
& purchased services for cost reduction
Q: What areas are you likely to target for intermediate- and long-term cost-reduction opportunities?
(Please select all that apply.)
76% 76%
69%
55%
52% 51%
38%
Capital expenditures
(reduction in new or
existing construction,
acquisitions of high-cost
medical equipment and
technology)
Labor (e.g., furlough,
layoffs, hiring freeze,
reducing hours and/or
contract labor
Purchased services (e.g.,
canceling contracts,
renegotiating contracts,
co-management
agreements)
Corporate services (e.g.,
consolidating, automating,
selective outsourcing,
migrating to mobile or
remote work)
Wages and benefits (e.eg.,
pay, canceling 401K
match, delaying or
canceling bonuses)
Supply chain (e.g.,
GPO/pricing, utilization,
variation)
Revenue cycle (e.g., cost
to collect, consolidating
business office)
10. 10 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Digital & service line strategies, revenue cycle enhancements
targeted for revenue growth
Q: What tactics are you implementing or enhancing to grow revenues? (Please select all that apply.)
71%
66%
57%
39% 37%
31%
24%
20%
Digital strategies (e.g.,
telehealth, contact
centers)
Service line strategies
(growing core
business, exiting losing
business)
Revenue cycle
improvement (enhance
accounts receivable
collections)
Payer-rate negotiations Develop new strategic
plan
Physician hiring M&A, partnerships,
joint ventures
Growth into new
geographies
11. 11 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
Cybersecurity preparedness
Q: To what degree have new COVID-19-related work-from-home arrangements and possible new
cyber attacks influenced your focus on cybersecurity capabilities within your organization?
40%
45%
15%
We’re comfortable with our current
cybersecurity capabilities & protocols
We’ll probably enhance our
cybersecurity capabilities & revisit our
protocols
We’ll significantly enhance our
cybersecurity capabilities & revamp
our protocols
40% of executives
say they’re comfortable with their
organization’s current
cybersecurity capabilities, protocols.
15% of respondents think their
organization’s current cybersecurity
capabilities and protocols will require
significant enhancements.
12. 12 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
“Healthcare has largely been insulated from previous economic disruptions,
with capital spending more acutely affected than operations. But this time may
be different since the COVID-19 crisis started with a one-time significant
impact on operations that is not fully covered by federal funding.”
“Providers are facing a long-term decrease in commercial payment, coupled
with a need to boost caregiver- and consumer-facing digital engagement, all
during the highest unemployment rate the U.S. has seen since the Great
Depression. For organizations in certain locations, it may seem like business
as usual. For many others, these issues and greater competition will demand
more significant, material change.”
David Burik
Guidehouse Partner and Payer/Provider Consulting Division Leader
13. 13 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
“Through all the uncertainty COVID-19 has presented, one thing
hospitals and health systems can be certain of is their business
models will not return to what they were pre-pandemic. A
comprehensive consumer-facing digital strategy built around
telehealth will be a requirement for providers. Moreover, shifting
hardware and physical assets to the cloud and use of robotic
process automation has proven to be successful in improving
back-office operations in other industries. Providers will need to
follow suit.”
Chuck Peck, MD
Guidehouse Partner & Former Health System CEO
14. 14 COVID-19 HOSPITAL & HEALTH SYSTEM SURVEY
About Guidehouse Commercial Health*
healthcare@guidehouse.com
linkedin.com/showcase/guidehouse-health
twitter.com/GuidehouseHC
Guidehouse’s Commercial Health segment is comprised of consultants, former provider administrators, clinicians, and
other experts with decades of strategy, operational/clinical consulting, public health, managed services, revenue cycle
management, and outsourcing experience. Professionals collaborate with hospitals and health systems, physician
enterprises, payers, local and federal government, and life sciences entities, providing performance improvement and
business process management solutions that help them meet quality and financial goals. For more information, please
visit: www.guidehouse.com/capabilities/industries/healthcare.
* Navigant was acquired by Guidehouse in October 2019.
