Geneia & The Affordable Care Act: Value-Based Care Train Long Since Left the Station
November 17, 2016
Manchester, NH – Geneia LLC (Geneia), an analytics and technology leader in transforming healthcare delivery, published an opinion piece on the future of the Patient Protection and Affordable Care Act’s value-based care provisions. “The train on value-based care and population health has long since left the station. Without another creative solution to address our cost and quality conundrum, it will continue down the track,” said Heather Lavoie, the company’s chief strategy officer.
Lavoie wrote, “It’s tempting to focus on only the health insurance provisions of the Patient Protection and Affordable Care Act (ACA) yet it is so much more."
The law codified the tenets of value-based care, which began as voluntary private-public partnerships to address the stark reality that the United States pays more per capita for healthcare than any other industrialized nation, and ranks dead last in terms of quality. In doing so, the ACA accelerated our country’s evolution from fee-for-service medicine to value-based care.
Despite political sentiments about the insurance mandate and Medicaid expansion, medical societies, hospital associations, health plans and other industry experts consider the evolution to value-based care - which long-preceded the ACA - an absolute necessity to transition from a low-value, fee-for-service model of care.”
ABOUT GENEIAGeneia specializes in the development of advanced clinical, analytics, and technical solutions for healthcare transformation. Our team of physicians, nurses, technologists, analytics experts, and business professionals have created a suite of solutions that enable health plans, hospitals and employers to better understand, evaluate and manage the health of their populations. Using our advanced analytics platform, remote patient monitoring tool, and education and research institute, we work with healthcare organizations to improve outcomes, lower costs and restore the The company has offices in Harrisburg, PA and Manchester, NH. To learn more, visit . geneia.com or connect with us Twitter and LinkedIn.