The transition from CMS-HCC V24 to V28 heralds a significant shift in risk adjustment methodologies and emphasizes improved accuracy and granularity, promising more equitable resource distribution and significant financial implications for Medicare Advantage plans, ACOs, and other healthcare entities.
If you have not started moving toward this new model, there is no time to waste. Organizations who want to be positioned for success must proactively take steps to understand and adapt to the implications of the move to CMS-HCC V28. Our latest ebook explains how this new version of the risk adjustment model impacts organizations financially and strategically—and details clear steps that provider organizations can take to navigate this transition effectively. Here’s a quick preview:
Impact of the transition from V24 to V28
For Medicare Advantage members, this change should result in more precise risk scores and align payment rates more closely with actual health status. For ACO members, this new approach should create a stable and predictable framework for risk adjustment in benchmark and performance years. For vulnerable populations, V28 should ensure a fairer distribution of resources and more appropriate care. For providers generally, this transition should shift reimbursement rates to be more congruent with population risk.
Read the ebook for a full breakdown of the differences between V24 and V28—and the effects of these differences on various populations.
How to navigate the transition from V24 to V28
- Rapid data audit: Review your current data collection and management processes to flag improvement areas.
- Population impact analysis: Understand exactly how V28 may influence your specific patient cohorts.
- Comprehensive training: Educate staff on the impact of V28 and double down on the importance of consistent, accurate coding throughout the transition.
- Analytics surveillance: Keep close tabs on performance trends under V28 to quickly address emerging issues.
- Updated care management: Expand program offerings to include new, higher risk diagnoses and improve patient outcomes.
The ebook, The transition from CMS-HCC V24 to V28: Impacts and strategic steps, empowers provider leaders with the insight and direction necessary to succeed in this new risk adjustment landscape. Download it now.
For more tailored guidance, you can also schedule a collaborative consultation with our experts.
Get our take on industry trends
Use SDOH + Analytics to power better outcomes for underserved population
Whether you’re a payer, provider or patient, on the front lines of care, sitting in front of a computer or receiving treatment, you’ve been affected by the pandemic. Of all the groups who participate in healthcare in one way or another, perhaps no single group has suffered more over the last year during the pandemic than the underserved— those people without ready access to needed healthcare services.
Read on...Go beyond recognition: Use data to take meaningful action this Nurses Week
Since 1994, America has observed National Nurses Week annually from May 6-12. This year more than ever before, it’s critical that healthcare organizations go beyond recognition and start taking action to more effectively support and serve nurses.
Read on...The future of digital health part 3: AI, machine learning and robotics
This post is part three of a new series featuring healthcare visionary and thought leader Andy Dé. In this series, Dé discusses how COVID-19 has triggered remarkable digital transformation and uncovers five, long-term innovation implications that providers, healthcare leaders, and payers need to consider.
Read on...The future of digital health part 2: Digital patient engagement and virtual healthcare delivery
Protecting the health, well-being and safety of healthcare practitioners and first responders is paramount — and will accelerate adoption of Digital Patient Engagement (DPE), enabled by Virtual Healthcare Delivery (VHD) solutions (also known as “Hospital at Home.)”
Read on...