Keeping Leaders Informed of Operational Trends, Entrants, and Developments that I.M.P.A.C.T. Value Based Health Care
March 2019 Issue - learn about the following Trends, Entrants, and Developments that I.M.P.A.C.T. and Contribute to VBHC:
CVS will pony up big bucks to go even more digital
Focusing on Supporting transformation and expanding investment in digital and mobile experience for members and customers across all businesses. Click Here.
Amazon takes steps to grow PillPack’s national distribution
Amazon is revealing more on how it intends to grow its nearly $800 million acquisition of digital pharmacy PillPack.com.
Now Amazon and PillPack are building a base for more national delivery of prescription drugs using ecommerce as a patient ordering and monitoring tool. Click Here.
Aetna, Anthem, IBM Announce Healthcare Blockchain Collaborative
The blockchain collaborative will enable organizations to improve healthcare interoperability and transparency. Learn More.
2. MEMBER EXPERIENCE:
UnitedHealthcare expands digital data collection for Medicare beneficiaries
UnitedHealthcare announced it will increase the amount of data collected from digital devices as a tool for managing chronic illnesses and to create holistic profiles to recommend personalized support for the participating patients. Learn More.
He wanted to see his cancer from the inside. With virtual reality, he can
Last May, Hobbs was diagnosed with mesothelioma, a rare and aggressive form of cancer, commonly caused by exposure to asbestos. The headset allowed him see how radiation is very precisely applied to the lining of his lungs. Mesothelioma patients often have a life expectancy of about one year. Learn More.
11 Books You Can’t Miss in 2019
Managed Healthcare Executive asked key opinion leaders “What is the one book healthcare executives should read this year?” Here are their selections.
Why Highly Efficient Leaders Fail
With ever-increasing demands at work for both mid-level and senior leaders, the ability to execute and get things done is a key driver of success. But it can ultimately become a leader’s downfall, resulting in unintended costs for the individual, as well as for their teams and organizations. Learn More.
4 Reasons Why Slowing Down Will Actually Make You More Successful
It sounds backwards, but slowing down is actually a faster way to succeed. Here's why. Learn More.
Educating the next generation of leaders
It’s time to move beyond traditional approaches to executive education. To successfully meet the challenges of today’s business world, organizations and the individuals who steer them should take more advantage of online learning resources and networking opportunities. Learn More.
Different Takes: Pros And Cons Of ‘Medicare For All’ Learn More.
The New Congress: What’s Next on Crucial Health and Education Issues?
In this uniquely insightful Forum, experts examined key health and education policies — and their broad implications — that are likely to be enacted by the new Congress. Learn More.
CMS proposes Coverage with Evidence Development for Chimeric Antigen Receptor (CAR) T-cell Therapy
Proposed decision would provide nationwide consistency in CMS’s coverage of the innovative new cancer therapy, to improve patient access and ensure appropriate evidence generation. Learn More.
Getting To The Next Generation Of Performance Measures For Value-Based Payment
Performance measurement is central to the promise of better care, better health and lower cost that alternative payment models (APMs) seek to deliver. As US health care moves increasingly towards payment that rewards value over volume, progress toward the next generation of performance measures for use in these models is imperative. Learn More.
6. AFFORDABILITY AND VALUE:
CMS predicts healthcare spending will skyrocket to $6 trillion by 2027
National health expenditure growth is expected to double in the next eight years and reach nearly $6 trillion by 2027.
The projected average annual growth of 5.5 percent outpaces expected growth in gross domestic product by 0.8 percent. As a result, the health share of the economy is projected to climb to 19.4 percent by 2027 -- up from 17.9 percent in 2017. Why? Click Here.
To help control prescription drug costs, let's tap a vital resource: Pharmacists
There is widespread agreement about the importance of controlling prescription drug costs. One extremely important piece of the solution is to fully enlist pharmacists in optimizing the use of the medications the public and health plans are paying for. How? Click Here.
Walmart drops price of virtual visits from $40 to $4
The retailer reduced the cost of telemedicine services Jan. 1 to increase options for employees seeking care. Walmart's health benefits currently cover more than 1 million people enrolled it its Associates' Medical Plan. Through this plan, virtual visits through the Doctor On Demand app are covered like a normal physician’s office visit. Learn More.
ProMedica – addressing Social Determinants of Health
When most people think of health care, they tend to think of clinical and medical care. Yet this only accounts for 20% of a person's health and well-being. The other 80% includes the physical environment, social and economic factors, and health behaviors that drive health. ProMedica's journey in addressing the social determinants of health began with exploring non-clinical solutions to high rates of childhood obesity in our communities. Learn More.
NQF, Aetna to Collaborate on Social Determinants of Health
The National Quality Forum (NQF) and the Aetna Foundation have launched a 9-month project to find ways to promote payment methods that reduce health disparities and by addressing how things like housing, transportation, and nutrition can be barriers to better health. Learn More.
What Are the Giving Priorities of This New Healthcare Giant?
To mark its merger with Aetna, CVS Health recently announced a five-year, $100 million initiative to improve health in communities across the country. The initiative highlights the possible nature of the giving that comes out of this $70 billion acquisition. Learn More.
Kaiser Permanente Announces Three Initiatives to Improve Community Health by Tackling Housing Insecurity.
Initiatives include preserving affordable housing in the Bay Area, anchoring a $100 million loan fund to protect affordable housing across Kaiser Permanente’s footprint and an effort to house 500+ homeless in Oakland. Learn More.
Health systems fire up business incubators
It wasn't too long ago that executives for healthcare startup Aiva were coming off a stint in Cedars-Sinai's business accelerator program, in which they received $120,000 in seed money, guidance and office space from the Los Angeles-based healthcare organization to develop their idea. Now, just over a year later, their prospects are even brighter, having gotten funding from Amazon and Google, two names that are likely to open more doors for the voice-activation company. Learn More.