{"id":13995,"date":"2018-11-29T12:28:48","date_gmt":"2018-11-29T20:28:48","guid":{"rendered":"https:\/\/www.hcim.com\/?p=13995"},"modified":"2020-02-26T17:58:22","modified_gmt":"2020-02-26T17:58:22","slug":"ceo-insight-obstacle-or-opportunity-three-hurdles-facing-healthcare-payers","status":"publish","type":"post","link":"https:\/\/www.varshabi.com\/HCIM\/2018\/11\/29\/ceo-insight-obstacle-or-opportunity-three-hurdles-facing-healthcare-payers\/","title":{"rendered":"CEO Insight: Obstacle or Opportunity? Three hurdles facing healthcare payers"},"content":{"rendered":"<p>These are challenging times for healthcare payers. Increasing aging populations, pressure to cut costs, and a focus on quality is requiring everyone to do more with less. By facing these challenges head-on, we can turn these obstacles into opportunity. It is through continued innovation and experimentation that we will improve health care delivery in this country.<\/p>\n<p>We believe the response to these three immediate obstacles will determine if an organization will thrive in the evolving healthcare landscape:<\/p>\n<ol>\n<li><strong><em>Regulatory Compliance:<\/em><\/strong> What is your compliance strategy? Regulatory challenges and their impact on your operations is something you cannot ignore. With weekly, sometimes daily, changes being issued by CMS and state regulatory agencies, costly mistakes are common and can be fatal.<\/li>\n<li><strong><em>Population Health Management:<\/em><\/strong> What tools do you have in place now and what are the next steps for your organization? This foundation will be important as we move away from claims data to clinical data. Important data like social determinants of health will be key in the future and solutions for small to mid-sized payers will be very different than their larger counterparts.<\/li>\n<li><strong><em>Value-Based Care to Scale:<\/em><\/strong> The shift to value-based care is now and it\u2019s happening. Do you have a vision for how your organization will achieve quality outcomes? VBC is a big concept and the undertaking is a challenge for all small to mid-sized payers.<\/li>\n<\/ol>\n<p>If you\u2019re stilling working on the answers to these big questions, then you\u2019re not alone. Many in the healthcare C-Suite are looking for answers and experimenting. There\u2019s not a one size fits all solution. Successful organizations are leveraging connections and networks of industry professionals to learn from others what has worked and what has not.<\/p>\n<p>HCIM&#8217;s Executive Team knows this business and we are committed to making an impact by partnering with organizations like yours. If you\u2019d like more information about how we can support your efforts, complete the contact form on the side bar. I\u2019d encourage you to connect with us by subscribing to our blog or follow us on LinkedIn to stay up-to-date on important industry news.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-13735 aligncenter\" src=\"https:\/\/www.hcim.com\/wp-content\/uploads\/2018\/09\/Mike-v2-300x300.png\" alt=\"Michael Wilson, President &amp; CEO of HCIM\" width=\"300\" height=\"300\"><\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/www.hcim.com\/about-us\/leadership-team\/michael-wilson\/\" target=\"_blank\" rel=\"noopener\">Michael Wilson<\/a><br \/>\n<\/strong>President &amp; CEO, Co-Founder<br \/>\nHealthCare Information Management, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These are challenging times for healthcare payers. Increasing aging populations, pressure to cut costs, and a focus on quality is requiring everyone to do more with less. By facing these challenges head-on, we can turn these obstacles into opportunity. It is through continued innovation and experimentation that we will improve health care delivery in this [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":14081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,16,20,1,13,11],"tags":[],"class_list":["post-13995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consulting-services","category-corporate","category-industry-blog","category-healthcare-information-management","category-hsac-pulse","category-recent-news"],"_links":{"self":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/13995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/comments?post=13995"}],"version-history":[{"count":2,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/13995\/revisions"}],"predecessor-version":[{"id":16735,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/13995\/revisions\/16735"}],"wp:attachment":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/media?parent=13995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/categories?post=13995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/tags?post=13995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}