Innovista Health’s Post

🌐 In our latest blog by Kristen Harnack, we explore the transformative power of Value-Based Care (VBC) and Patient-Reported Outcomes (PROs) in reshaping healthcare. Discover how this shift towards patient wellness and outcomes-focused care is steering the future towards a more patient-centered system. 🌟 📊 PROs play a crucial role in making healthcare genuinely tailored to individual needs, significantly impacting clinical trials and healthcare providers' decision-making processes. Dive into their vital role in ensuring meaningful patient outcomes. 💡 Learn how leveraging PROs is key to building a sustainable, efficient, and patient-valued healthcare ecosystem. At Castor, we're committed to a future where healthcare is driven by the voices of those it aims to serve. Read More ⬇ ____________________________ Kristen Harnack Derk Arts, MD PhD Daniella Mulder Lone Christiansen Dualtagh Franklin-Charlesworth Lewis C. B. #valuebasedcare #patientreportedoutcomes #PRO #epro #clinicalresearch

Some of you may know that I spent the majority of my career working with value-based care programs.  Since making the switch to life sciences, I’ve realized that the final WHY of new guidance doesn’t always make it back to the folks working in early stages of clinical trials. I hope this article helps close the loop for many on why PROs are increasingly important and scrutinized in clinical trials. There’s more to it than guidance from the FDA, it all ties back to healthcare legislation and the future of care delivery. I’d love to hear your thoughts on the topic! Feedback and discussions in the comments. #clinicaltrials #epro

“How can we reimburse healthcare providers based on the positive outcomes for patients, rather than just for the services they provide?” Slowly we are moving towards value based health care. Still a long way to go. Let's make sure we capture the patient's voice during all stages of product development. Kristen Harnack has outlined it in more details in our latest blog. #valuebasedcare #clinicaldevelopment #clinicalresearch

Stay informed on the evolving landscape of healthcare integration! Discover cutting-edge strategies for seamlessly merging specialty care into value-based models to enhance patient outcomes and optimize costs. Read More: https://lnkd.in/gtW2wxUw #HealthcareIntegration #ValueBasedCare #SpecialtyCareIntegration 🏥💡

Integrating specialty care with value-based models aims to improve patient outcomes and reduce costs through better data sharing, alternate payment structures, and financial incentives for collaboration. This can lead us to a future healthcare system with more coordinated care and increased focus on cost-effectiveness, long-term outcomes, and enhancing the overall patient experience. #Healthcare #ValueBasedCare #VBC

North Carolina Healthcare Shake-Up Duke, UNC, Atrium, or Risant........ Data From the one and Only Blake Madden https://lnkd.in/g2ZtaaEN Cone Health and Risant Health have entered into a definitive agreement, pending regulatory approval, for Cone Health to join Risant Health. Risant Health, a nonprofit organization created by Kaiser Foundation Hospitals, aims to unite like-minded organizations to expand access to value-based care and improve health outcomes. "Risant Health's vision for the future of healthcare aligns seamlessly with Cone Health’s decades-long commitment to advancing value-based care," stated Risant Health CEO Dr. Jaewon Ryu, JD. "Cone Health's proven success and dedication to providing high-quality care to North Carolina communities make them a perfect fit for Risant Health. Together, we will leverage our expertise and innovation to extend value-based care to more people in the communities we serve." Risant Health, a nonprofit subsidiary of Kaiser Permanente, was launched in spring 2023. Unlike Kaiser Permanente’s core integrated care network, Risant Health aims to collaborate with regional health systems on a technology-driven care platform to enhance outcomes and reduce costs. While member systems will maintain their operations independently, the combined scale is expected to strengthen negotiations with larger commercial payers. Kaiser Permanente has committed up to $5 billion to Risant Health over several years, with plans for "four to five" more health system acquisitions in the next half-decade following the Geisinger deal. Cone Health, significant within North Carolina’s Piedmont Triad metro area, operates four acute care hospitals, a behavioral health facility, a health plan, and an accountable care organization serving nearly 200,000 patients. With $2.9 billion in revenue in 2023 and continued profitability in 2024, Cone Health is facing rising expenses despite recovering patient volumes. ---- Atrium Health Piedmont American Hospital Association

New Blog Alert! 🌟 Our latest blog delves into the challenges that specialty care practices face in implementing value-based care, including complex payer contracts, data transparency issues, and the need for scalable clinical infrastructure. It emphasizes the essential role of specialty care in managing chronic conditions, presenting investment opportunities, and improving healthcare outcomes. Read the blog to explore how specialty practices can transition to VBC, prioritize quality care, and reduce unnecessary spending. https://lnkd.in/gjxhDftG #HealthcareInnovation #ValueBasedCare #SpecialtyCare

Critics argue that a decade of value-based care (VBC) has failed to improve healthcare cost and quality, citing over 50 VBC program implementations collectively losing billions of dollars compared to traditional fee-for-service benchmarks. Despite challenges, proponents believe VBC is necessary given the unsustainable healthcare spending trajectory, emphasizing the need to prioritize patients, allow doctors to focus on patient care, and embrace the discomfort of change in transitioning away from the fee-for-service model. For more insights on the challenges and potential of value-based care, click here: https://lnkd.in/edCEWbV7 #ValueBasedCare #HealthcareQuality #HealthcareCosts

Quality and safety in healthcare cannot be achieved through disjointed efforts. By prioritizing continuous patient engagement and strategic communication across the entire care journey, healthcare organizations can drive real progress toward value-based care. 📄 In this MedCity News article, Joy Avery, RN, MSN, SVP of Clinical Strategy at CipherHealth explains how a coordinated approach focused on enhancing engagement across the continuum, achieving health equity, and leveraging data insights will improve outcomes and reduce costs. https://lnkd.in/eCpdZaUW #Healthcare #ValueBasedCare #PatientEngagement

3 ways value-based care is transforming American healthcare 🏥 🌎 The shift towards value-based care in the American healthcare system is a transformative movement that is redefining the landscape of healthcare delivery. This approach, which emphasizes patient outcomes over the volume of services provided, is poised to address some of the most pressing challenges faced by the healthcare industry today. Value-based care represents a promising path forward for the American healthcare system, promising better care for patients, more satisfaction for providers, and a more sustainable approach to healthcare in the long term. Read the full article below! Source: https://lnkd.in/eV6J-Cyh #ValueBasedCare #Healthcare #PatientOutcomesFirst #QualityOverQuantity