value-based healthcare
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Increasing Health IT, EHR Investment Runs Up Practice Costs
New data from MGMA shows that increasing health IT and EHR investments are running up major practice costs. Health IT and EHR investments are costing physician-owned multispecialty practices thousands of dollars per physician, according to a new report from the Medical Group Management Association (MGMA). The 2016 MGMA Cost and Revenue Report shows that health technologies such as EHRs ran physician practices up to $32,500 per physician in 2015...
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SimplyVital Health Partners With Toro Risk Consulting Group On Transformational Blockchain Healthcare Technology
SimplyVital Health (SVH) and Toro Risk Consulting Group, LLC (Toro) have announced an affiliation that brings the transformational healthcare technology of SVH together with the marketing, legal, and risk expertise of Toro. Toro recognized early on the potential that SVH's pioneering platform has to help providers transition from fee-for-service to value-based healthcare. New value-based payment models, such as bundled payments, allow providers to realize savings if they can decrease the average cost of patient care...
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Twine Health Closes Series A Financing, Aims to End Fee-for-Service Primary Care
Twine Health today closed its series A financing totaling $6.75M, propelling the company’s mission to make its health coaching platform the linchpin of value-based care. Twine is coming off a foundational 2015 having engineered its platform for large-scale commercial deployment, performed clinical pilots with unprecedented outcomes and made key management hires in marketing and sales. Going into 2016, Twine is poised to achieve rapid adoption of its health coaching platform by care delivery organizations that are assuming financial risk for the health of their population. This bold mission comes at a time when industry analysts are singling out health coaches (or “practice extenders”) as the key to transforming patient care over the next five years.
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