The 2016 MGMA Cost and Revenue Report also found technology costs have increased 40 percent from 2009 to 2015, corresponding with the 2009 HITECH Act.
iHealth Innovations chief growth officer Justin Barnes said the hospitals cannot simply throw technology at the new payment model. Instead, thriving under MACRA will take leadership and analytical thinking.
Executive search firm Witt/Kieffer said that the drive toward clinical quality outcomes and patient engagement are giving rise to the CCO role as distinct from the chief medical officer. CCO attributes? Tech-savvy consensus-builders comfortable living in ambiguity, to start.
The first half of 2016 has seen more healthcare organization M&A activity than the same timeframe in 2015 as providers are figuring out how to navigate rapid industry change and emerging payment models, Kaufman Hall said.
The insurer said its new subsidiary will work with health systems to create necessary core capabilities for alternative payment models or to hone those already in place for more effective physician alignment and clinical integration.