With the HIMSS16 conference in the state of Las Vegas, Nevada coming to an end, it is beneficial to look back and observe which avenues are making an effect on the healthcare revenue cycle among contributors. Both health IT solutions and latest reports coming out of the HIMSS16 exhibition are indicating where the economical side of healthcare is moving next.
Chilmark Research releases 2016 Care Management Market Trends report
Previous week, Chilmark Research released its 2016 Care Management Market Trends report, which provided a perspective on how medical agencies are working to establish care management opportunities and how it impacts the healthcare revenue cycle.
Currently, contributors have greater responsibility in tackling care management in the midst of the ever-changing healthcare revenue cycle, as the industry turns away from fee-for-service payment and accepts value-based care reimbursement.
While few hospitals and agencies are still working in a fee-for-service setting, some of their revenue could be connected to a pay-for-performance system. With bundled payments and accountable care becoming a more streamlined form of reimbursement among contributors, it grows more significant than ever before to work collaboratively across facilities to coordinate services and give effective care management solutions.
This is where health IT vendors come in, as they can better collaborate with contributors and payers to make sure the right technologies are in place to make better the referrals and care coordination between hospitals, rehabilitation centers, mental health facilities, and primary care practices.
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