How ACOs should prepare for the 2025 MSSP quality reporting requirements
ACOs are facing increased pressure to enhance care quality and manage costs with the transition from manual to electronic clinical quality measures (eCQMs) under the Medicare Shared Savings Program. The new reporting requirements present heightened operational complexity as reporting must now be performed for the entire patient population.
Regina Herzlinger: Why it is important to champion innovation in healthcare
Regina Herzlinger, Nancy R. McPherson Professor of Business Administration at the Harvard Business School, emphasizes the importance of education in promoting innovation in healthcare. She highlights the need for healthcare organizations to consider the six exogenous forces of innovation, including competition, financing, technology, accountability, public policy, and consumer ratings. She also stresses the need for healthcare organizations to have a portfolio of revenue and supply sources, and the potential for technology to improve healthcare technology. Additionally, Herzlinger argues that education is crucial for sustaining innovation, particularly in the areas of technology, cost control, and consumer involvement.