Best Data-Sharing Practices for Advancing Value-Based Care: Key Insights from AHIP, AMA, and NAACOS

August 1, 2023

On July 31, 2023, AHIP, AMA, and NAACOS emphasized the need for better data-sharing practices in healthcare organizations to promote value-based care arrangements.

What You Need to Know: 

  • Healthcare organizations must enhance data-sharing practices to promote value-based care arrangements, as advised by AHIP, the American Medical Association (AMA), and the National Association of ACOs (NAACOS).
  • Issues such as care disparities, data exchange, availability, and misaligned payment incentives in the healthcare sector were emphasized during the COVID-19 pandemic.
  • The trio launched a document outlining best practices for implementing value-based arrangements, offering five key recommendations.
    • Create an interoperable data ecosystem: By leveraging data exchange networks, standardizing data sets, and applying APIs, stakeholders can improve data sharing across the care continuum.
    • Share comprehensive data: Stakeholders are encouraged to integrate demographic and clinical information, integrate pharmacy data, and provide aggregate population-level spending and treatment data to understand the patient population better.
    • Improve data collection to advance health equity: By engaging community networks and collecting data from community-based organizations, stakeholders can detect health disparities and barriers to care outside the clinical setting.
    • Share actionable data: Relevant, timely, and reliable data can promote proactive care interventions. Stakeholders should focus on actionable information at the point of care, automated data sharing, and creating performance dashboards.
    • Make data calculations readily & easily available: Regularly sharing performance data and providing a feedback loop for updates or corrections allows for more effective interventions.
  • These recommendations are aimed at payers, providers, and other healthcare stakeholders.

To read more, click here.

[Source: RevCycleIntelligence, July 31st, 2023] 

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