Class 2 Flashcards

1
Q

Value

A

Defined as outcomes relative to costs
Value = outcomes/costs
We can increase value by improving outcomes or lowering costs

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2
Q

Value-Based Care

A

High value, cost-conscious care that aims to assess the benefits, harms, and cost of interventions and consequently to provide care that adds value

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3
Q

Improved health outcomes

A

Lower mortality and morbidity

Better experience of care/satisfaction

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4
Q

Goal of value based Care

A

To have people live longer, healthier lives at a sustainable cost

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5
Q

Shared Characteristics of Organizations Delivering High Value care

A
Importance of primary and preventive care
•Focus on keeping people out of hospital
•Emphasis on innovation and change
•Focus on quality measures
•Electronic health record systems
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6
Q

Current Payment Model: FFS

A

More Services = More $$$

Danger for Overuse = Higher spending and unnecessary services

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7
Q

Alternative to FFS: Capitation

A

Provider is paid a fixed amount on a PMPM basis
Less services = more money for provider
Danger for underuse, withholding appropriate care + increased risk for reducing overall quality of care

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8
Q

The shift to VBP

A
  • NYS Medicaid: 80-90% VBP by 2020

- Federal Medicare HHS: 90% Medicare FFS to VBP by 2018

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9
Q

Medicaid Access and CHIP Reauthorization Act (MACRA)

A
  • Repeals Medicare sustainable growth rate (SGR) formula that calculated payment cuts for physicians
  • Creates new framework for rewarding physicians for providing higher quality of care and incentivizing value over volume
  • Streamlines multiple quality program and provides bonus payments by establishing 2 tracks (MIPS and AAPMs)
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10
Q

MACRA track: Merit-based Incentive Payment Systems (MIPS)

A

A single MIPS composite performance score in 4 weighted performance categories:
• Quality
• Meaningful Use
• Resource Use (Cost)
• Clinical Practice Improvement Activities

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11
Q

Exclusions to MIPS

A
  • Newly enrolled Medicare clinicians for the first year
  • Clinicians who are below the low volume threshold: (1) Medicare Part B allowed charges less or equal to will factor in performance $30K OR (2) 100 or fewer Medicare Part B patients
  • Clinicians significantly participating in Advanced APMs
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12
Q

MACRA track: Advanced Alternative Payment Models (AAPM)

A

APM is a payment approach that changes the way CMS pays for care under Medicare. AAPMs are a subset of APMs that offer greater rewards.

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13
Q

AAPM characteristics

A
  • Participants must take on two sided risk
  • Move from volume to value
  • Medicare revenue requirements apply
  • Bonus of 5% for 2019-2024
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14
Q

Examples of AAPM

A
  • Certain ACOs
  • Comprehensive Care Plus (CPC+) Program
  • Certain Bundled Payment arrangements
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15
Q

Why DSRIP

A

NYS 2010 Medicaid crisis:

  • unsustainable growth rate at > 10% while outcomes lagging
  • Costs per patient double national average
  • 50th in country for avoidable hospital use
  • 21st for overall health system quality
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16
Q

NYS 2014 MRT Waiver Amendment

A

$7.3 mill designated for DSRIP
Waiver will:
-Transform the state’s health care system
-Bend the Medicaid cost curve
-Assure access to quality care for all Medicaid members
-Create a financially sustainable safety net infrastructure

17
Q

DSRIP Payment Reform: Moving to VBP

A
  • MRT Waiver required 5-year roadmap for Medicaid payment reform
  • By DSRIP year 5 (2019), all MCOs must use non-FFS models that reward value over volume for for at least 80-90% of provider payments
  • If roadmap goals not met, DSRIP $ from CMS to NYS will be significantly reduced