Sg2 Blog

With the Strategy Accelerator program, efforts to strategically prioritize your physician alignment initiative take shape As internal and external pressures push care out of the hospital, health systems must identify the best clinical opportunities and local trends for expanding their ambulatory business. Innovator organizations understand there are both opportunities and vulnerabilities amid w...

Editor’s note: Shannon Stewart, Senior Consulting Director, Reliability and Management Systems, authored this post, which was originally published on Sg2’s parent company Vizient Inc’s blog. Hospitals and health systems are investing a lot of resources to thoughtfully and strategically plan how they will meet their communities’ needs in the future. They’re developing ...

Sg2, a Vizient company, is pleased to announce the addition of Manuel Hernandez, MD, MS, MBA, CPE, as a Principal—Strategic Campus Planning in its consulting practice for Enterprise Strategy. “We are thrilled to welcome Manny to Sg2 Consulting. Manny brings tremendous credentials, a wealth of experience and an innate ability to connect with his clients and colleagues,” says Sg2...

Editor’s note: Terri Scannell, Vizient Senior Social Responsibility Director, authored this post, which was originally published on Sg2’s parent company Vizient Inc’s blog. Chances are, you may have heard of a little acronym called ESG. What you may not know, however, is what it means exactly and why it’s important for healthcare. After all, the last thing we need is anoth...

Environmental factors are adversely impacting provider financials and weakening providers’ positions in fee-for-service (FFS) contracting. Providers have been working to regain financial stability after pandemic-driven volume swings that were quickly followed by workforce shortages—now the health care industry can add inflation to the list of considerable challenges. These pressures have quickly ...

Medicare’s new Enhancing Oncology Model (EOM) is an important opportunity for oncology practices to participate in a voluntary alternative payment model (APM) designed to increase the value of care for Medicare fee-for-service (FFS) patients undergoing chemotherapy. This five-year model not only builds on the Oncology Care Model (OCM) and offers incentives to manage care while reducing spend...

Editor’s Note: Jenna Stern, Vizient, AVP, Regulatory Affairs & Public Policy, also contributed to this post. In the absence of congressional intervention, a significant financial incentive for physicians to participate in value-based payment models will disappear at the end of 2022. To provide greater stability to providers reimbursed by Medicare, the Medicare Access and CHIP Reauthori...

Editor’s note: Joe Cummings, PhD, Vizient Technology Program Director, authored this post, which was originally published on Sg2’s parent company Vizient Inc’s blog. The COVID-19 pandemic has had a significant effect on our country’s most vulnerable populations, from who gets the SARS-CoV-2 virus to its impact on mental health and access to care. For example, the pandemic ...

Understanding the timeline: application process starts June 1, 2022 Medicare Shared Savings Program (MSSP) is Medicare’s established accountable care organization (ACO) program that allows for new participants every performance year (PY). To participate in MSSP, an organization must submit an application and be approved by CMS. For PY2023, the application process is as follows: An organ...

Understanding the Transition: ACO REACH Replaces Current Direct Contracting Model On February 24, 2022, the Center for Medicare & Medicaid Innovation (CMMI) announced the ACO REACH (Realizing Equity, Access, and Community Health) Model, with an application period ending April 22, 2022. ACO REACH will replace the current Direct Contracting Model (DC) on January 1, 2023, as the highest level of...