Healthcare Magazine January 2016 | Page 8

TECHNOLOGY
medical devices and cloud solutions change the landscape of the industry , improving the quality of life for patients with diabetes , asthma and heart diseases , or will the trend eventually die out ?
2016 will also mark a new inflection point in the pace with which healthcare organizations move to value-based reimbursement models . CMS , the largest buyer of healthcare services , has set a goal of tying 30 percent of traditional Medicare payments to quality or value through alternative payment models , such as Accountable Care Organizations ( ACOs ) or bundled payment arrangements by the end of 2016 , and tying 50 percent of payments to these models by the end of 2018 .
Bundled payments require providers across the care settings to coordinate more effectively . Instead of a payer separately reimbursing for each healthcare service , a bundled payment makes one payment that includes the initial hospitalization and all related services within 90 days following the hospital discharge . CMS got everyone ’ s attention when they recently announced starting in January , they will require hospitals in 75 Medicare Service Areas ( MSA ) to accept a single bundled payment for Comprehensive Care for Joint Replacements ( CCJR ).
Others are quickly following suit . Health systems are proactively engaging with payers to design new bundled payment reimbursement models across a broad range of procedures and conditions , including chronic conditions , such as Heart Failure , COPD , and procedures , such as Labor & Delivery . In 2016 , bundled payments will move from pilots to mainstream .
Cloud-based Electronic Health Records Expect to see a continued trend of cloud-based EHR adoption because they are more agile , adaptable , and flexible for both consumers

‘ IoT devices are coming into their own for business and industrial use , and in the process are reinventing industries such as healthcare .’

8 January 2016