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What We’re Reading | Week of 5.22.2017

Healthcare is a rapidly evolving industry – it’s difficult to read up on everything that matters to you. But the success of your practice can depend on how knowledgeable you are about changes in the healthcare landscape. Privia has compiled a weekly list of important articles we are reading on healthcare industry trends, clinical best practices and legislative updates for your convenience. Here are some of the important articles and blogs on healthcare that stood out this week:

>>‘Health systems want to be able to identify patients with chronic conditions and get ahead of the spend, not wait for something to happen and the patient to end up with an admission into the hospital, but to be able to predict where those patients are going to be,’ she said.”

>> Four integrated delivery systems, two hospital systems, seven individual hospitals and four physician practices received the Healthcare Financial Management Association’s 2017 MAP Award for High Performance in Revenue Cycle.The award recognizes providers “that have excelled in meeting industry standard revenue cycle benchmarks, implemented the patient-centered recommendations and best practices embodied in HFMA’s Best Practices for Patient Financial Communications and achieved outstanding patient satisfaction,” HFMA said in a news release.”

>> Privia is a proud recipient of the 2017 HFMA MAP Award for Revenue Cycle Performance

>>According to Ostrovsky, investors have shied away from Medicaid populations in part due to the complexity. But he suspects that another major reason is the lack of empathy and understanding of human needs. So he recently took to Twitter to publicly invite Silicon Valley investors to spend a “few weeks homeless, functionally impaired or caring for a child with complex needs.” On a phone call with CNBC, he said an experience like this is “bread and butter” for design thinking and customer development. “How else will a VC understand deal flow for a population for served by Medicaid?”

>> “Here’s how the Maine model worked: When a resident applied for health insurance, they had to fill out a questionnaire. If they had certain medical conditions known to be costly, their application was flagged for the high-risk pool. To consumers, it was seamless: They paid regular premiums and got the same sort of coverage as any other enrollee in their chosen health plan.”

>> A recent provider survey uncovered that physicians who did not feel aligned or engaged with their healthcare organization were more likely to resist alternative payment model implementation.”

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