By now, you’ve heard about the transition from volume to value in healthcare, but what does it really mean? In this blog, I’ll attempt to explain it in layman’s terms. Value-based Care and the Connection with Population Health Simply put, “value” is defined as better quality for lower cost; an easy concept to grasp, but …
More: Population Health
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Dec
Dec
Growing up the son of grocers taught me a lot about running a small business. In my family’s Washington, D.C. mom-and-pop convenience store, generating revenue was usually a straightforward endeavor. I started stocking shelves at the age of five. By my late teens, I was managing the store. I quickly learned that if the distributor …
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Dec
Dec
CMS recently issued a mandate requiring Merit-based Incentive Payment System (MIPS) eligible clinicians to prove that they are not restricting the sharing of patient data. Does this signal the death of the fax machine, American healthcare’s cockroach? I recently listened to an interesting podcast by Vox’s Sarah Kliff that calls faxes the “cockroaches of healthcare.” …
08
Dec
Dec
Busy provider looking for healthcare news? Check out The Rundown. U.S. Healthcare Spending Growth Slows According to a new Reuters report, growth in healthcare spending slowed in 2016 due to a slower health insurance enrollment growth. Healthcare spending grew 4.3% in 2016, to a total of $3.3 trillion dollars, compared to 5.8% growth in 2015. Out-of-pocket …
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Dec
Dec
Has your cash flow weakened over the last few quarters? As we approach the holidays and the end of the year, many practices notice a decline in revenues. Even if your cash flows are good, you may be wondering how your practice can maintain a steady stream of cash month over month. In this Peak Practice Performance …
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Nov
Nov
A new inforMD by Privia blog series, “Population Health & You,” brought to you by Rick Foerster, VP, Population Health, Privia Health Now that we’ve defined population health (a feat that many in healthcare avoid in the first place), let’s dive into what population health means to primary care providers. When it comes to operationalizing …
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Nov
Nov
A new inforMD by Privia blog series, “Population Health & You,” brought to you by Rick Foerster, VP, Population Health, Privia Health. It’s time to set the record straight. The term “population health” gets thrown around a lot in the healthcare industry but is not universally understood, which is a shame because this approach is …
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Sep
Sep
Are you a busy provider looking for healthcare news? Check out The Rundown. Privia has compiled a list of stories to keep you up to date on all things healthcare: Medicare for All? Senator Bernie Sanders (I-Vt.) has introduced a new single-payer healthcare plan, the Medicare for All bill, that promises to provide healthcare (and no …
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Aug
Aug
As the Manager of Clinical Pharmacy Services, I promote clinically appropriate, evidenced-based therapies for prescribing quality medication use and cost savings to Privia Medical Group Physicians. It’s just one of the many ways that Privia removes burdens from our physicians so they can focus on providing quality care to their patients. Medication adherence is …
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Aug
Aug
As the Chief Medical Officer of Privia, a 1600-provider medical group, I’m always striving to combat burnout by staying abreast of the tools, knowledge, and resources physicians need to help improve efficiency, deliver feedback and reduce administrative burdens. You may have heard of the Triple Aim, a concept developed by the Institute for Healthcare Improvement. …
