(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The '2022 analytics for value-based care' report has been added to ResearchAndMarkets.com's offering.
This research report will assist all healthcare stakeholders in understanding what is available in the market today and the relative strengths of each vendor in helping provider organizations migrate to VBC. No other report provides this level of depth and breadth to assist organizations in becoming a data-driven enterprise and being successful in their future journey to VBC.
In 'Analytics for Value-Based Care' , we examine, evaluate and profile 17 leading vendors. Our analysis combines primary and secondary research, including in-depth demos with each vendor, to assess the relative strength of their solutions to facilitate a health systems migration to VBC.
The shift to value-based care (VBC) has long been an industry talking point in healthcare, among vendors, providers, and patients alike. Perhaps predictably, for a sea change of this magnitude, migration to these new reimbursement models has been slow. Notably, COVID-19 hammering hospital systems' typical fee-for-service business model left little wiggle room to implement a new pricing structure like the VBC model, and some systems that had planned for the shift were forced to backtrack.
As value-based care becomes increasingly seen by policy makers as the most viable option to 'bend the cost curve,' policy and incentives are aligning for the adoption of value-based care. IT-based solutions are becoming more robust, while legislation like TEFCA and the 21st Century CURES Act are cementing the direction forward.
So, what would it take for a hospital system to successfully drive this shift to VBC? What solutions can health IT vendors bring to market that facilitate this transformation? In this latest report, 'Analytics for Value-Based Care', we examine the leading vendors who are tackling this problem with analytics solutions that are foundational to success in any VBC program.
The Center for Medicare and Medicaid Services (CMS) has been leading the migration to VBC through a number of programs, many of which now have downside risk. Most notably are the Medicare Shared Savings Plan (MSSP), an accountable care organization (ACO) model, and Medicare Advantage. The new REACH ACO model goes even further towards capitation.
Medicaid, administered at the state level, is also increasingly moving to VBC models of reimbursement. Today, several states have migrated their Medicaid payment structure to a full capitation model, wherein provider organizations are paid a fixed, negotiated fee per patient per month.
Commercial payers are also following the government's lead, most notably through Medicare Advantage, and some large, self-insured employers are pursuing VBC via direct contracting with health systems.
There are three main functional analytic categories for VBC: network design and optimization, facilitating care management (includes population risk assessment), and contract negotiation/management.
Key Topics Covered:
KEY TAKEAWAYS
CORE ATTRIBUTES OF ANALYTICS FOR VALUE-BASED CARE (VBC)
'Enterprise Data Warehouse Combining Multiple Datastreams to Enable.
HOW ANALYTICS ENABLES VALUE-BASED HEALTHCARE
Opportunity Analysis Contract Execution Partnership and Network Optimization
ANALYTICS FOR VBC: PRODUCT TRENDS
Self-service Analytics for Healthcare Increasing Convergence of Payer-Provider Needs Artificial Intelligence (AI) and Machine Learning (ML) Gravity and Da Vinci Projects Future Opportunities Look Bright for VBC
ANALYTICS FOR VBC: MARKET TRENDS
Market-Specific Trends CMS Leads the Industry in Promoting VBC Commercial Value-based Care Programs Employer Value-based Programs Obstacles and Challenges to VBC Adoption Top Five Trends to Watch
VENDOR CATEGORIES
Vendor Profile Inclusion Criteria: 3 live customers and $2 million in relevant annual revenue EHR Vendors Population Health Management Best-of-Breed
PRODUCT CATEGORIES AND DESCRIPTIONS
Qualifications and Caveats Analytics for VBC
MARKET CATEGORIES AND DESCRIPTIONS
Market Categories Vendor Profiles Notable VBC Analytics Market Leaders Companies to Watch About the Analyst Team
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Tags accountable care accountable care organization accountable care organizations capitation managed care value based care