{"id":85198,"date":"2024-12-12T17:43:21","date_gmt":"2024-12-12T17:43:21","guid":{"rendered":"https:\/\/wordpress-1330720-4869984.cloudwaysapps.com\/?p=85198"},"modified":"2025-01-08T17:52:55","modified_gmt":"2025-01-08T17:52:55","slug":"flaacos-2024","status":"publish","type":"post","link":"https:\/\/bettrai.com\/flaacos-2024\/","title":{"rendered":"FLAACOs 2024 Insights"},"content":{"rendered":"
For me, four key themes stood out, and they\u2019ve reshaped the way I think about where we\u2019re headed\u2014not just as a company, but as a partner in this collective journey toward better, smarter, more value-driven care.<\/p>\n The movement of Long-Term Care (LTC) to value-based care (VBC) is no longer a distant possibility; it\u2019s here. What stood out to me most during the conference was the recognition of LTC as a critical player in achieving the Quad Aim\u2014improved patient outcomes, better population health, reduced costs, and enhanced provider satisfaction.<\/p>\n However, there\u2019s a glaring gap that can\u2019t be ignored:\u00a0fewer than 10% of LTC facilities currently participate in an ACO<\/a>.<\/strong>\u00a0This highlights a massive untapped opportunity for LTC providers to embrace value-based models and align their care strategies with the goals of ACOs. The benefits are clear\u2014enhanced care coordination, reduced costs, and improved outcomes\u2014but the path forward requires the right tools, strategies, and support.<\/p>\n At\u00a0BettrAi<\/strong><\/a>, we\u2019re focused on equipping LTC providers with the insights and technology they need to bridge this gap. By helping them integrate into value-based care frameworks, we can support them in delivering meaningful, measurable care that aligns with the broader goals of the healthcare ecosystem.<\/p>\n Patient engagement emerged as a recurring theme throughout the conference, and for good reason. It\u2019s a cornerstone of effective care, yet so often, our strategies fall short. Engagement isn\u2019t about one-size-fits-all solutions; it\u2019s about meeting patients where they are\u2014whether that\u2019s through remote monitoring, digital touchpoints, or more accessible communication methods.<\/p>\n What resonated with me most was the push to make engagement\u00a0personal and actionable<\/strong>. Real engagement isn\u2019t just about ticking a box; it\u2019s about empowering patients to take an active role in their care plans. When done right, engagement leads to better compliance, stronger outcomes, and a more connected care experience.<\/p>\n Here\u2019s the statistic that stuck with me: fewer than 30% of patients receiving long-term care are in a facility. The majority\u2014over 70%\u2014are at home. This reality demands a shift in how we approach LTC. We need systems designed to support patients not in traditional care settings but in their own environments.<\/p>\n This isn\u2019t just a logistical challenge; it\u2019s an opportunity. Patients in home-based care settings often face unique barriers, but with the right tools\u2014such as remote monitoring and predictive analytics\u2014we can create a safety net that ensures no one falls through the cracks. At\u00a0BettrAi<\/strong><\/a>, we\u2019re committed to providing solutions that bridge this gap, making care seamless, even when patients are far from a facility.<\/p>\n This might be the most exciting takeaway of all. As an industry, we\u2019ve made significant strides in collecting and analyzing provider-driven data. But there\u2019s an untapped well of information waiting to be unlocked:\u00a0data provided by patients themselves.<\/strong><\/p>\n Think about it\u2014patients can offer invaluable insights into their daily lives, from medication adherence to symptom tracking to lifestyle choices. Incorporating this data into care plans could revolutionize how we approach compliance, creating a more holistic view of the patient\u2019s health. At\u00a0BettrAi<\/strong><\/a>, we\u2019re already exploring ways to leverage this data, empowering patients to be active contributors to their care and giving providers the insights they need to intervene earlier and more effectively.<\/p>\n The\u00a0FLAACOs conference<\/strong><\/a>\u00a0was a powerful reminder of the collaborative spirit driving value-based care forward. The challenges we face are significant, but the opportunities to innovate and improve are even greater. What excites me most is the shared commitment among healthcare leaders to tackle these issues together\u2014combining expertise, technology, and compassion to build a smarter, more connected future.<\/p>\n At\u00a0BettrAi<\/strong>, our mission is to improve patient health and well-being by delivering actionable insights through our AI-powered comprehensive virtual care platform. We empower healthcare organizations to enhance care coordination, engage patients meaningfully, and optimize health outcomes\u2014all while reducing the complexities of value-based care. If these themes resonate with you, I\u2019d love to continue the conversation. Together, we can redefine what\u2019s possible in value-based care.<\/p>\nJust over a week ago, I had the privilege of attending the\u00a0Florida Association of ACOs (FLAACOs)<\/strong>\u00a0<\/a>annual fall conference. It was my first time attending as CEO of BettrAi, and the experience left a profound impression. The energy in the room was palpable\u2014a gathering of leaders, innovators, and changemakers all working toward a common goal: advancing value-based care.<\/p>\n
1. Long-Term Care\u2019s Shift to Value-Based Care: The Time Is Now<\/h3>\n
2. Rethinking Patient Engagement: Beyond Surface-Level Interactions<\/h3>\n
3. Most LTC Patients Are at Home: A Call for Connected Care<\/h3>\n
4. \u201cPatient Provided Data\u201d Is the Missing Link<\/h3>\n
Looking Ahead: A Future Built on Collaboration<\/h3>\n
Let\u2019s get to work.<\/strong><\/h3>\n
Brad Hill<\/strong><\/a>, Chief Executive Officer<\/em><\/p>\n