Home > News > Top Stories > CommonSpirit Health Sets Up National Value-Based Care Organization

Healthtech Security, Digital Healthcare

CommonSpirit Health Sets Up National Value-Based Care Organization

Population Health Services Organization strives to enhance access to equitable healthcare, elevate quality, reduce costs, and benefit millions of patients.
Half of CommonSpirit's value-based providers are external, paving the way for PHSO's network expansion.
PHSO leverages CommonSpirit's value-based healthcare expertise, including successful risk-bearing organizations and ten accountable care organizations covering over 2.6 million lives.

CommonSpirit Health has unveiled a nationwide value-based services platform named Population Health Services Organization (PHSO). This initiative primarily aims to enhance access to equitable healthcare, elevate care quality and outcomes, and reduce the overall cost of healthcare delivery.

PHSO will deliver various services, including advanced population health analytics, network administration, care coordination, data management and analytics, technological infrastructure support, reporting, and additional support to empower healthcare providers and provider networks to excel in value-based care.

Wright Lassiter III, CEO of CommonSpirit Health, stated,

The PHSO is a natural extension of our mission and longstanding commitment to providing high-quality, equitable care and addressing social determinants of health.

[Source – Business Wire]

He added that by harnessing CommonSpirit's national scale and expertise in value-based care, the company's goal is to elevate the standard of healthcare in the United States and assist providers in succeeding in value-based care within diverse community-based health system environments.

CommonSpirit Health extends its services to urban and rural communities across 24 states, establishing itself as one of the United States' most prominent providers of Medicare and Medicaid services. Consequently, its PHSO will cater to an even more diverse payer portfolio.

Thomas McGinn, MD, MPH, Executive Vice President, Physician Enterprise at CommonSpirit Health, highlighted the organization's unique advantage in serving diverse communities encompassing Medicaid, Medicare, and commercial insurance, making their data more representative of the American population compared to models primarily focused on commercial insurance.

He added that CommonSpirit's presence in 24 states provides them with the data, tools, and access to a broad patient demographic, allowing them to tackle crucial national health challenges that require their size, scale, and expertise. For example, they can utilize data insights to understand testing, referral, and treatment patterns, enabling interventions that reduce viral infections like Hepatitis C, disproportionately affecting vulnerable populations.

Value-based care emphasizes the quality of healthcare over its quantity, promoting comprehensive and coordinated care to enhance health outcomes, quality, and equity. This model relies on contractual incentives for providers to achieve superior results, improve quality, enhance patient experiences, and curb healthcare expenses. Notably, the demand for such agreements is rising, exemplified by the company's goal to transition most Medicaid and all Medicare beneficiaries into value-based care relationships by 2030.

Spotlight

More featured news

Spotlight

Related News

Health Technology, AI

Atrium Health's AI Solution Improves Documentation of Most Physicians

Atrium Health's | October 11, 2023

The collaboration between Atrium Health and Nuance in introducing this solution was presented at the 2023 HLTH Conference held in Las Vegas. Atrium Health clinicians strongly support DAX, with 92% finding it easy to use, 85% valuing DAX Copilot access, 84% reporting better documentation, and 68% improving care delivery. Atrium Health excels in pediatrics, cancer, heart care, organ transplants, burn treatments, and specialized musculoskeletal programs while leading in virtual care and mobile medicine innovations. Atrium Health's clinical leaders have embraced a fundamental concept called the 'Best Place to Care.' As an integral component of this initiative, the company conducts comprehensive surveys among its healthcare providers to gain insights into enhancing their job satisfaction and mitigating the risk of burnout. The company has achieved the distinction of being a pioneering health system in implementing an AI tool known as Nuance Dragon Ambient eXperience Copilot (DAX Copilot), specifically designed to streamline the generation of clinical documentation during patient consultations. This innovative technology is pivotal in liberating healthcare practitioners from administrative tasks, allowing them to direct their undivided attention toward delivering personalized, high-quality patient care. It also enhances the overall efficiency of clinical processes and mitigates the workload associated with administrative responsibilities, which often contribute to healthcare provider burnout. Dr. Matthew Anderson, Senior Vice President and Medical Director of Virtual Health for Advocate Health and Atrium Health's Senior Medical Director for Primary Care, stated, "In addition to providing high-quality patient experiences and elevating clinical efficiency, supporting clinician satisfaction and retention by enabling physicians and nurses to work at the top of their licensure is one of our top organizational priorities." He further added, DAX Copilot is enabling a better clinician experience. Most of our surveyed users are reporting a positive impact on their day-to-day schedule, being able to increase the number of patients they are able to see and even spending more time with them. This type of scale and satisfaction is critical in the advancement of healthcare. [Source – Cision PR Newswire] Atrium Health has utilized DAX Copilot among its primary care physicians, with extensive deployment plans encompassing its operational domain. This innovative solution empowers clinicians to swiftly and securely generate preliminary clinical summaries in mere seconds, derived from in-person examinations or telehealth interactions, enabling immediate review and finalization within the Electronic Health Record (EHR) system. Notably, Atrium Health's physicians have already communicated substantial time savings of up to 40 minutes per day attributed to the adoption of this advanced documentation assistant. DAX Copilot, an evolution of Dragon's ambient technology used by thousands of clinicians, has delivered significant benefits: a 70% reduction in burnout, 50% less time on documentation, saving seven minutes per patient encounter, and adding an average of five appointments per clinic day. It's a user-friendly gateway for healthcare organizations to embrace advanced AI-driven clinical documentation, building upon their Nuance Dragon Medical platform investments with over 550,000 users. In a private preview of DAX Copilot, clinicians reported improved work-life balance, higher job satisfaction, more engaging patient interactions, and reduced burnout.

Health Technology

GE HealthCare and Mass General Brigham Unite for AI Care Insights

GE HealthCare | September 08, 2023

Leveraging operational AI and ML has the potential to unite providers and optimize the consolidation of data sets. During initial testing, the AI-driven algorithm demonstrated the ability to accurately forecast missed care opportunities, with success rates as high as 96%. AI and machine learning insights strategically improve productivity and administrative efficiency at both departmental and enterprise levels. In 2017, GE HealthCare and Mass General Brigham embarked on a ten-year partnership focused on AI innovation in diagnostics and treatments. GE HealthCare and Mass General Brigham have unveiled the joint development of an AI algorithm. This algorithm is designed to enhance operational efficiency and productivity in healthcare. The maiden AI application stemming from this collaboration is the 'schedule predictions dashboard' integrated into the Radiology Operations Module (ROM), a digital imaging tool readily available for deployment by healthcare institutions. Its primary objective encompasses the optimization of scheduling procedures, cost reduction, and alleviating administrative burdens placed on healthcare providers. By doing so, ROM liberates valuable time, permitting clinicians to invest more of their efforts into fostering and strengthening the clinician-patient relationship. Amid a vast sea of data and the demanding responsibilities that often divert healthcare providers from patient care, Parminder Bhatia, Chief AI Officer of GE HealthCare, described the collaboration with Mass General Brigham as groundbreaking. He added that they combine unique datasets and utilize cutting-edge machine learning techniques, harnessing the synergy of clinical and technical expertise to usher in unprecedented advancements in healthcare. Keith Dreyer, DO, Ph.D., Chief Data Science Officer, Mass General Brigham, remarked, This technology has the potential to reduce burnout and allow physicians to spend more time with patients, which may ultimately lead to better outcomes. [Source: Business Wire] Operational AI-enabled tools can tackle challenges that frequently jeopardize patient care, including the cost of healthcare and inefficiencies within hospitals. When a patient misses an appointment, neglects to schedule a follow-up, or arrives late, collectively called missed care opportunities (MCO), the repercussions can be substantial. The algorithm developed in collaboration is designed to forecast MCO and late arrivals. This initiative aims to enhance operational flexibility, streamline administrative processes, elevate patient satisfaction, and more effectively accommodate urgent, inpatient, or walk-in appointments. GE HealthCare, a global leader in medical technology, pharmaceutical diagnostics, and digital solutions, focuses on delivering integrated solutions, services, and data analytics to enhance hospital efficiency, support clinicians, improve therapy precision, and promote patient well-being. With over a century of service to patients and healthcare providers, the company advances personalized, connected, and compassionate care through imaging, ultrasound, patient care solutions, and pharmaceutical diagnostics.

Health Technology, Digital Healthcare

Launch of RICOH Remote Patient Monitoring Enablement Designed to Help Ease Healthcare Staffing Challenges Amid Unprecedented Industry Burnout Crisis

PR Newswire | October 06, 2023

Ricoh USA, Inc. announces the launch of RICOH Remote Patient Monitoring (RPM) Enablement, the newest end-to-end managed services offering for health systems that is designed to help fuel more efficient and sustainable RPM workflows that can lead to improved patient and care delivery team experiences. RICOH RPM Enablement comes at a time when health systems are grappling with a simultaneous monumental shift to virtual care delivery and an unprecedented shortage of healthcare workers. This care worker shortage has reached a nationwide crisis level where there aren't nearly enough healthcare staff to fill vital RPM management roles, leading to alarming care gaps impacting the most vulnerable patient populations. RICOH RPM Enablement is designed to help health systems close this gap and to help lead to improved patient experiences by integrating into existing virtual care programs to support the deployment of remote patient monitoring system devices, inventory tracking, logistics, and device returns. The healthcare worker burnout and staffing shortage – most recently worsened by COVID – is putting extraordinary constraints on health systems to staff RPM management roles, which limits their ability to scale virtual programs and impacts the standard of patient care. According to the Surgeon General, 98% of healthcare workers worry about their own burnout1, which is likely accelerating nurse retirement, fueling a shortfall of 1.1 million registered nurses1. The Mayo Clinic's research has also revealed that U.S. doctor burnout has reached an all-time high of 63%2. Additionally, 98% of clinicians are concerned that burnout can reduce quality of care and 82% of the public believes that a worker shortage will impact their health3. Technology can be the difference maker in systemic change – and clinicians agree as 50-70% welcome the change to use technologies in their work4. "Clinicians currently spend over 50% of their working hours using EHRs5. That's their reality and a massive contributor to burnout, so our mission is centered on pivoting that time back to patient care through supporting the modernization, automation, and enablement of the care workflows that are most critical to health system's success," said Rory Fitzpatrick, Vice President, Industry Vertical Marketing, Ricoh North America. RPM Enablement is the latest demonstration of our commitment. In this period of burnout crisis, the healthcare industry has an opportunity to commit to workers' emotional and physical wellbeing – and Ricoh is dedicated to supporting positive systemic change with sustainable, scalable solutions. [Source: PR Newswire] RPM is often considered one of the largest value drivers of virtual care with applications from primary care through chronic disease management. In fact, when RPM is part of a care plan, the Mayo Clinic has shown that 72.5% of remote patient monitoring patients comply with the care plan's tasks, including taking medications and monitoring vitals6. Further, only 9.4% were readmitted within 30 days versus 20% of patients not using RPM6. Ricoh is uniquely positioned to help address workflow challenges resulting from the qualified healthcare worker shortage due to its large footprint and depth of managed services experience in the industry. Ricoh currently supports thousands of healthcare organizations with various aspects of their business, including 9 out of 11 of the largest for-profit hospital systems and 22 out of 32 of the largest nonprofit hospital systems, with about 3,200 facilities under its support – and is also responsible for managing over 1 million devices in the United States through more than 2,100 U.S. field technicians across various industries.