Patterson Group Healthcare Consulting on LinkedIn: Investing in the new era of value-based care (2024)

Our thoughts on concierge medicine and its future- Concierge Medicine demand will only increase from a consumer requirementas access to care especially preventativeincreases,- As hospital-health systems struggle to find traditional sources of access to patients and delivery of services that allow for increased fees, concierge medicine will have its tailwind-End game of concierge medicine may very well illustratethe value and model of preventive care-Emerging health service companies may find an excellent source to launch new offerings given the self pay model (if shown to be effective as evidenced by one CM physician, consumers will pay out of pocket)https://lnkd.in/gcFQHMbZ

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Beckers recently interviewed 86 health system executives and asked them about innovations they are launching. While there were many different answers, there were a few that stuck out.·One is the ability for AI to mine data, pick out social determinants of health and then send such detail back to clinical teams at the point of care (Endeavor Health).·Another answer that is important to out of hospital care is the development of virtual connected care teams that use registered nurses and a nursing assistant or LPN to coordinate care delivery outside of the hospital (Trinity Health and Nashville General Hospital).·Using case managers and social workers to progress the patient, manage cost of care and plan safe discharge transitions (Christian Hospital Northeast, St. Louis)These initiatives are aimed at reducing ER visits and hospital readmissions, a major cost and utilization driver. Through initiatives like these the system is evolving to keep individuals out of the hospital and reduce costs.Here are some companies doing important work. A company working in the AI space is Lirio, they provide hyper personalized engagement using AI and behavioral science. A company working in the social determinants of health space is US Hunger, through their social needs survey they are able to collect social determinants of health on populations. Combining AI and social determinants are a great way to engage individuals. Signallamp health is a platform company working to improve chronic care management by recruiting and training nurses and coordinating interventions.https://lnkd.in/eDPE7SAj

Recently we have posted about SDOH and how they provide insight into everyday circ*mstances and individual health of people. Additive to this we’ve recognized the potential for use of AI that combines Precision Nudging™ with the science of behavior change and artificial intelligence. One company emerging in this field, Lirio with its precision nudging capability allows for individual engagement based on data processed through their AI engine.By having SDOH paired with advanced AI, the AI would be able to learn more thoroughly about each individual and provide the correct engagement for each person in order to close gaps in coverage and care for such needs as increase medication adherence and or patient nutrition.Over the next few weeks we will bring actual uses of AI and confirm and define how patient engagement and care are enhanced delivery improved clinical, operational and total cost of care outcomes.

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In our work over the last several months it's become clear that SDoH must be more a part of successful delivery OOH Care including reduction of ED and hospitalizations. No longer will only one piece of the care solution support improved outcomes. There's some extraordinary work in this space that must be an integral part of providers care plans and further supported by the payer community. Over the next two weeks or so we will feature organizations and providers who are using this service to improve lives of patients & the respective care givers.

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Understanding a persons Social determinants of health can be a difficult process. A new study shows how generative AI can help sift through EHR notes to identify certain SDOH. Their study showed that the models, when finely tuned, could identify the vast majority of patients (nearly 94%) with an adverse SDOH.https://lnkd.in/eNmaRSnu

As AI use continues to grow in healthcare it is important to understand where and how it can have the most impact·Having a 360 view of the patient, powered by AI, allows providers to work with the optimum amount of information and be effective with that information in orchestrating the patients journey.·Providers want effective personalized patient engagement based on behavioral profiles in order to enhance overall care.·Providers utilize machine learning-AI to optimize their workforce so that more time is given to patients and practice workflow is automated.https://lnkd.in/ekcH5kxS

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Some interesting advances are being made in the medical field with artificial intelligence. Recently, Oracle has integrated its generative AI into Cerner EHR. The generative AI will help clinicians free up time for interacting with patients and help deliver better outcomes. The AI will automate note taking as well as generate context aware next actions such as ordering labs and medication or scheduling follow up appointment.As the healthcare system looks forward hopefully AI is able to help optimize resources and help provide quality care for everyone. Epic is also rolling out generative AI with startup Abridge and Google is also collaborating with Meditech to bring generative AI. This is only the beginning but a solid place to start.https://lnkd.in/gg5dDuhn

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Its important every now and then to bring it back down to earth and ask ourselves, what are the basics of a healthy life style? Everyone has a different starting place on their health journey and everyone’s healthy lifestyle will look different. Some people should simply start walking for 30 minutes a day. Some people should eat more servings of fruits and veggies. Some will do both. One thing is a fact, every attempt towards better wellness habits helps. For a large portion of the population living a healthy life means properly managing chronic disease and prevention of such. As we look forward, preventative medicine is only going to become more important and more accessible.#wellnesscoaching #wellness #mentalhealth #preventativemedicine https://lnkd.in/dSiMfz2

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Continuing on from our post last week concerning Value Based Care, we wanted to explore what the evolution of the US healthcare system could look like in the next 5-10 years. The best evolution is going to put emphasis on preventative care (genetic testing, early health screenings, health coaching), coordination of care from multidisciplinary care teams, non MDs taking a more important role in patient care, and accessibility to healthcare via retail clinics (CVS, Walmart etc.) Lastly and often over looked in a time of so many incredible medical advancements is personal responsibility for your own physical and mental health.Patterson approach with its clients is to assist with understanding the various stages of VBC, solutions required and account development processes to help serve the transition to VBC. Offers programs to work with payers, CMS (Medicare & Medicaid), health systems and providers of care using at risk models and or tenets of VBC.Contact is at dpatterson@pattersongroup.com or call 317-341-3589https://lnkd.in/g-bciDs

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