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Tag: accountable care organizations


News

Act now on ACOs

March 22, 2013Elizabeth Deprey

Due to the rapid growth of accountable care organizations (ACOs), HME providers can't afford to wait until all the details are ironed out before they join in the fray, stakeholders say. “ACOs represent a significant portion of the market share now, and they're the fastest growing portion,” said Greg Shockey, managing member of Accountable Care Expos, which provides opportunities for stakeholders throughout the healthcare continuum to network and share information. “The numbers...

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Smart Talk

ACOs: Familiarize yourself with obstacles

February 25, 2013Carla Hogan

A. By January 2013, 250 Accountable Care Organizations were approved by CMS serving an estimated 4 million Medicare beneficiaries. These ACOs are located across the country with approximately 20% serving low-income and rural communities. Roughly half of all ACOs serve less than 10,000 beneficiaries. As the acceptance of ACOs increases and more receive approval, the unique hurdles become clearer. There are several common considerations, including a substantial financial commitment for both start-up...

accountable care organizations, ACOs, Home Medical Equipment


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Smart Talk

ACOs: Understand, comply with ACO waivers

January 25, 2013Carla Hogan

A. ACOs were created to coordinate care for patients, improve outcomes and reduce medical costs. ACOs achieve those goals through financial incentives, referrals and information sharing—all actions that would generally violate federal fraud and abuse laws if not for waivers authorized by CMS. The five waivers do not require filing or submitting applications.The five waivers are:• A pre-participation waiver, which applies to ACOs that are preparing an application to participate in the Shared...

accountable care organizations, Home Medical Equipment


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Smart Talk

ACOs: Work within an integrated network

December 28, 2012Carla Hogan

A. In the aftermath of Hurricane Sandy, healthcare news was flooded with stories of HME providers tirelessly caring for their patients during the storm. HME providers kept their patients out of emergency rooms and safe at home—an invaluable service for the patients and the healthcare community at large. As we reflect on the triumphs of the HME providers, we are in the midst of growing ACO coverage and it seems that HME emergency effectiveness can only improve with the participation in ACOs.ACOs...

accountable care organizations, Home Medical Equipment, Hurricane Sandy


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Smart Talk

ACOs: Don't wait for repeal of health reform

November 26, 2012Carla Hogan

A. In the past year, 147 accountable care organizations (ACOs) entered the Medicare program. These ACOs sprang from the Patient Protection and Affordable Care Act (ACA) of 2010. ACA has become commonly known (and, depending on your political leanings, for better or worse) as “Obamacare.”“Obamacare” is the statutory underpinning that breathes life into the ACO-concept in Medicare. Without it, the current Medicare-ACO concept could redline.The Supreme Court upheld the ACA this...

accountable care organizations, Affordable Care Act


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Providers

Hot partnerships leave others cold

October 24, 2012Theresa Flaherty, Managing Editor

ALTOONA, Pa. - Provider Jim Young knows all anyone wants to talk about these days is accountable care organizations, but he's not convinced they'll be a good thing for the industry.For many HME providers, this rule, included in the Affordable Care Act of 2010 (ACA), has created an opportunity to the industry to help hospitals reduce readmissions. But for every provider that aligns itself with a hospital to provide DME to its patients, there are others who find themselves on the outside looking in.Young,...

accountable care organizations, Home Medical Equipment


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News

'This is your time:' Summit recharges providers

October 23, 2012Liz Beaulieu, Editor

PITTSBURGH - Several speakers at the HME News Business Summit had the same take-home message for providers: “This is your time.”Everette James, who kicked off the event, encouraged providers to view themselves and present themselves as “disrupters”—a driving force in making the current healthcare system more affordable.“This should be your time, if you can figure out a little thing called reimbursement,” said James, a professor of health policy and management...

accountable care organizations, HME Business Summit, Home Medical Equipment


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Vendors

VGM helps providers position themselves as 'solution'

October 10, 2012HME News Staff

WATERLOO, Iowa - The VGM Group, at Medtrade next week, will launch the Outcomes Plus Wellness Network, a program designed to put HME providers on solid footing in a world of ACOs and other healthcare reform initiatives.Network offerings include outcomes monitoring, disease management guides, telehealth and disease management, home monitoring devices and compliance management, according to a press release.“To develop the strategic partnerships they covet, HME providers must bring value to these...

accountable care organizations, health care reform, vgm group


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Providers

Providers seek inside track with hospitals

September 25, 2011Theresa Flaherty, Managing Editor

YARMOUTH, Maine - The details on accountable care organizations (ACOs) are still being hammered out, but savvy providers are already piloting new programs aimed at helping hospitals reduce readmissions. "There are two pools of folks that are going to be able to help hospitals: HME providers or home health agencies," said provider David Hartley, CEO of Indianapolis-based Home Health Depot. The Affordable Care Act of 2010 included a provision that provides an incentive to hospitals and physicians,...

accountable care organizations, americare, durable medical equipment, HME news, HME news, HME news, Home Medical Equipment, Home Medical Equipment


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