Weekly News Scan: Senate Report on Falls Prevention, Medicare Savings from ACOs, Health Care Providers Are Hiring the Wrong People

This week in the news, we look at how accountable care organizations (ACOs) collectively saved Medicare $1.7 billion, a recent Senate report emphasizing falls prevention in older adults, and how health care providers can avoid hiring the wrong people and build a workforce that produces valuable outcomes.

We hope you enjoy!

Medicare ACOs Generated $1.7 Billion in Savings Last Year, Managed Healthcare Executive, October 19, 2019:

The Medicare Shared Savings Program, the accountable care organization (ACO) model serving nearly 11 million seniors, continued to lower the rate of Medicare spending while providing high-quality care. According to CMS 2018 performance data, ACOs collectively saved Medicare $1.7 billion in 2018 and $739 million after accounting for shared savings bonuses and collecting shared loss payments. Read the article to learn the key findings from the CMS data.

Senate Report Calls for More Emphasis on Falls Prevention, PT in Motion, October 21, 2019:

The lack of attention to falls prevention comes at a high cost with falls now ranking as the leading cause of death from unintentional injury among older adults in the US, according to the US Senate Select Committee on Aging’s report on falls prevention. The report presses for more concerted efforts to prevent falls among the elderly—including wider access to physical therapy and community-based programs. Read the article to get the staggering statistics on falls and learn four improvement areas recommended in the report to help prevent them.

Health Care Providers Are Hiring the Wrong People, Harvard Business Review, October 21, 2019:

The shift towards value-based payment reinforces the need for our healthcare system to do a better job generating a positive health-care experience, improved health, and good quality of life for patients. Healthcare’s current hiring practices don’t make it easy to achieve these.
According to this article, to achieve these today’s healthcare workforce needs more than biomedical knowledge; it needs empathetic team players who can support patients holistically.
Read the article to learn four steps for finding, hiring, and retaining the diverse workforce needed to deliver the outcomes that matter to patients.

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