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HCCIntelligence™ Webinar: Value-Based Care: New Re ...
Webinar Presentation Deck
Webinar Presentation Deck
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Pdf Summary
The HCCIntelligence webinar titled "Value-Based Care - New Revenue Opportunities for Home-Based Care Practices" took place on August 18, 2021. The panel included Amanda Tufano, Tom Cornwell, Brianna Plencner, and Jeremy Phillips who discussed the evolving healthcare landscape towards value-based care models and the resultant revenue opportunities for home-based care practices.<br /><br />The webinar highlighted several key topics:<br />1. Forces driving demand for concentrated healthcare costs.<br />2. The evolution of Medicare payments from Fee-for-Service (FFS) to Value-Based Care (VBC).<br />3. Different levels of value-based care risk and transformation, including Accountable Care Organizations (ACO), Direct Contracting Entities (DCE), and Medicare Advantage/Special Needs Plans (MA/SNP).<br />4. Financial projections comparing traditional FFS revenues against DCE revenues, revealing significantly higher income potential for practices adopting DCE models.<br />5. The importance of Hierarchical Condition Category (HCC) risk adjustment, a predictive modeling methodology to determine annual capitated payments for Medicare Advantage beneficiaries and expected costs in Medicare Shared Savings Programs (ACOs) and other Advanced Payment Models (APMs). Accurate risk adjustment ensures the practice reflects the severity of patients effectively, enhancing success in APMs or risk-sharing contracts.<br /><br />The session included a Q&A segment and an invitation to another virtual event on September 23, promising insights on building sustainable financial partnerships with health insurance plans and accountable care organizations.<br /><br />Participants were encouraged to utilize the HCCIntelligence Resource Center, which offers support through a hotline, webinars, virtual office hours, and downloadable tools and resources on various home-based primary care (HBPC) topics.<br /><br />For more resources and educational materials, visit the HCCIntelligence Resource Center or contact them during business hours.<br /><br />This educational initiative is supported by The John A. Hartford Foundation and is aimed at enhancing the provision of home-based care while maximizing financial opportunities under value-based care contracts.
Keywords
Value-Based Care
Home-Based Care
Medicare Payments
Fee-for-Service
Direct Contracting Entities
Hierarchical Condition Category
Accountable Care Organizations
Financial Projections
Risk Adjustment
HCCIntelligence
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