Quality and Safety
The way hospitals create their annual budgets could be changing amid reforms, as some are beginning to see the benefits of leaning on business intelligence during the process.
Early adoption helps Massachusetts provider stay ahead as government mandates broader departure from fee-for-service.
HHS said it wants 30 percent of payments for traditional Medicare benefits tied to alternative payment models such as ACOs or bundled pay arrangements by the end of 2016.
While Cleveland Clinic excels under Affordable Care Act mandates, other hospitals in the city have not.
"Up until now, our health care system -- in my humble opinion -- hasn't sufficiently linked quality … with safety," the Vice President said.
The organizations said they plan to shift from a fee-for-service healthcare system to one that is value-based.
Mayo Clinic picked Epic for revenue cycle, President Obama floated predictive medicine at the State of the Union, Arkansas planned to extend its private option and the Sustainable Growth rate saw its day on The Hill.
But there's a catch. How much any individual makes will be determined more by organizational success than individual performance.
Medicare is giving bonuses to a majority of hospitals that it graded on quality, but many of those rewards will be wiped out by penalties the government has issued for other shortcomings, federal data show.
As hundreds of hospitals face steep fines, one doctor explains how class, poverty and neighborhood demographics affect the trend.