Month: March 2017

7.1M Patients Use Remote Monitoring, Connected Medical Devices

More patients than ever are using connected medical devices to engage in remote monitoring and virtual healthcare.
More than seven million patients now benefit from remote monitoring and the use of connected medical devices as an integral part of their care routines, says a new estimate from Berg Insights.  Remote monitoring use grew by 44 percent in 2016 as providers and patients rapidly embraced the convenience of mHealth tools. Read the full article.
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Cloud healthcare: The connection economy’s next frontier

Welcome to the connection economy: a commercial world based on relationships in which who and what you know beats out tangible assets as the fundamental cornerstone of doing business.
The connection economy effectively promises to upend the traditional healthcare industry. However, it will also create many new opportunities and ways for entrenched market players to rethink the way they do business.  Read the full article.
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How Payers Could Assist Primary Care Docs with Value-Based Care

By sharing timely data, healthcare payers could help primary care practices succeed in value-based care.
“One of the things I hear from the primary care providers is that there are oftentimes competing or discrepant pay for performance programs between the health plans and they may use different codes to track a visit,” Matovsky said. “They may use different standards in terms of performance and achieving different metrics. The more complicated those programs are and the discrepant they are from health plan to health plan, it makes the whole system less effective because it is a lot of variables to juggle.”  Read the full article.
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Key Challenges and Solutions of Healthcare Payment Reform

Payers will need to support their provider networks when advancing healthcare payment reform.
Healthcare payment reform is becoming more common across payers and providers with many stakeholders transitioning from the traditional fee-for-service reimbursement system to value-based care payments. Representatives from the National Academy of Medicine published an editorial in the Journal of the American Medical Association (JAMA) outlining how healthcare payment reform could lead to better quality of care and patient engagement.  Read the full article.
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