In the News: October 27-November 2
Sg2 is dedicated to helping our clients interpret the latest news and trends in health care. Below you’ll find our analysis of this week’s key industry headlines, along with links to related Sg2 resources.
Universities Receive Grant to Develop a Building Block for Advanced Analytics
The National Institutes of Health recently funded 9 universities to develop a software that incorporates patient-reported outcomes into electronic health records. The project, led by Northwestern University, will integrate a patient survey tool known as Patient-Reported Outcomes Measurement Information System (PROMIS) into EHRs in an effort to enhance clinical care and research and will allow physicians to compare an individual’s medical information to their survey responses.
Sg2 recognizes the importance of data-driven decision making in transforming clinical care. As pressure mounts to improve outcomes while reducing costs, the bar for health care analytics will continue to rise. Click here to learn more about the 4-part continuum of advanced analytics, the value offered at each level and the building blocks essential to configure a clear path forward.
CMS Announces More Opportunities to Receive 5% Bonus Under MACRA
On October 25, CMS announced that it expects to release several new voluntary opportunities for clinicians to participate in advanced Alternative Payment Models (aAPMs), a prerequisite for potentially earning a 5% bonus under MACRA. These new opportunities include the following:
- Reopen applications for new practices and payers in the Comprehensive Primary Care Plus (CPC+) model.
- Reopen applications for new participants in the Next Generation Accountable Care Organization (ACO) model for the 2018 performance year.
- Practices can participate in the Oncology Care Model with 2-sided risk starting in 2017, rather than waiting until 2018.
Prior to entering an aAPM arrangement, providers should assess their gaps in patient care pathways, population health capabilities, experience with risk-based contracts and alignment across stakeholders. Read on for more information on CMS aAPMs and the MACRA Final Rule.
Patient Risk Factors Are Key to Higher Readmission Rates in Minority-Serving Hospitals
Hospitals serving higher percentages of minority patients experienced higher readmissions rates following colorectal resections than nonminority-serving hospitals, according to a study published in Surgery. Post-hoc regressions showed that 65% of this difference can be accounted for by patient factors like race and income.
As this article demonstrates, social and environmental factors are a key driver of health outcomes. Read this Sg2 Analytics Spotlight to learn more about how Sg2 can help you focus your efforts to improve social determinants of health in your population.