Recently, Olio’s Dr. Stephen Ritter wrote a guest article for Helio OrthopedicsToday titled Value-based care requires collaboration. Dr. Stephen Ritter is part of an organization called OrthoFounders, which is a national group of orthopedic entrepreneurs that aim to lead the efforts to fix the problems of healthcare they see in their daily work.
Dr. Ritter discusses the efforts CMS is taking to combat the growing healthcare expenditures. Such efforts include a shift from fee-for-service payment models to value-based care. Under value based care, models such as Accountable Care Organizations (ACOs), Medicare Shared Savings Programs (MSSP), and Bundled Payments for Care Improvement (BPCI) have been created. While these programs are showing signs of success, Dr. Ritter argues that these models are only as good as the collaboration that health systems achieve. Current instruments such as phone calls, emails, or faxes are archaic and do not achieve the level of continuity that patients require and deserve.
Ritter’s article discusses the failures of the US healthcare system and the gaps collaboration technology can fill. There are high hopes in value-based care systems, but visibility into patient care after discharge is vital in order to move the healthcare world forward. Olio is proud to be a collaboration solution for healthcare providers to improve their patients’ outcomes and Olio is proud to have Dr. Ritter on our team.