The Exclusive Three-Part Series Demonstrates How Practices Set The Pace for Value Based Payments
FOR IMMEDIATE RELEASE
(Philadelphia, PA, September 24, 2020) XtraGlobex, Inc. has completed a webinar series on Value Based Payments After COVID-19, created for Pennsylvania Behavioral Health and I/DD Providers and provided exclusively to members of The Providers Alliance and MAX Association. The three-part series provides insights into how the response to the public health emergency has evidenced opportunities for implementation of VBP across programs.
The COVID-19 public health emergency has highlighted budgeting challenges as well as the need for flexibility, responsiveness, and predictable quality. The webinar series addresses how COVID-19 affects the value based payments landscape in order to allow management teams to understand the future impact on their services and finances. As an advocate for consumers, XtraGlobex strives to project the most up-to-date and useful information surrounding value based payments and how to best approach managed care, especially in the wake of COVID-19.
“The pandemic has reshaped how providers interact with consumers during the ongoing COVID-19 health emergency, really putting a spotlight on how value based payments support meeting the needs of individuals and families in a truly person–centered way,” says XtraGlobex president Fady Sahhar, PhD. “The effects of this crisis will be with us for years, so organizations of every size should also be preparing for the aftermath of the pandemic in regards to costs and services. The webinars offer tools to do that.”
A noted expert and thought leader in the application and implementation of Value Based Payments in managed care, Dr. Sahhar has presented at industry conferences, seminars and symposiums nationwide.
Patrick DeMico, Executive Director of The Providers Alliance, said, “XtraGlobex engaged our members in meaningful conversations about the future and the best strategies to prepare for what lies ahead. We continue to have informed discussions on how to apply these key principles going forward.”
MAX Association Executive Director Diane Conway, Ph.D., agrees: “Our members providing Behavioral Health and Supports for Individuals with Intellectual and Developmental Disabilities benefited from the insights and projections discussed during this series to plan during these challenging times.”
The webinars include a comprehensive overview:
- Part 1 – The Landscape for Change: A thorough review of the landscape, temporary waivers, payment methods and how they are a direct reflection of the long-term prospects for services provided. Changes at the State and Federal level are also addressed.
- Part 2 – Program Quality After COVID-19: Key elements payers and funding sources during the public health emergency, identifying which indicators of performance measures should be used in the future. Also touches on how these indicators will impact the services in the short term and beyond.
- Part 3 – Paying For It All After COVID-19: Examines how the flow of funds has dramatically changed, including the use of retainer payments and APA’s. Also, how to identify the areas where new costs are being incurred, the impact of short-term funding from the Federal government, and areas that should be considered paramount in the future.
Access to value based payment resources are available at http://www.xtraglobex.com/webinars, along with ongoing observations and news related to value based payments. XtraGlobex also provides constant updates and analysis on value based payments through a comprehensive blog found at http://www.thevbpblog.com/blog/.
About XtraGlobex
XtraGlobex, Inc., a Certified Women Business Enterprise and a Disabled Business Enterprise, provides strategy, analytics, and communications services to organizations specializing in healthcare, community-based and professional organizations serving the Medicare, Medicaid populations, supports for individuals with Physical and Intellectual Disabilities, andBehavioral Health Services. The company is grounded in a legacy of advocacy for Independent Living and Consumer Self-determination. Founded in 2001, XtraGlobex has offices in Philadelphia, PA, Harrisburg, PA and Marlton, NJ and works with clients throughout the US and Canada. www.XtraGlobex.com
The Provider Alliance (TPA) supports agencies that serve people with intellectual disability and autism across Pennsylvania through collaboration, advocacy, innovation and information-sharing across our membership. The Provider Alliance promotes best practices and workforce development to help our members deliver safe, supportive, and compassionate services that our part of the fabric of our local communities. www.provideralliance.org
MAX is a Southeastern Pennsylvania regional provider association serving over 40 human service organizations in Bucks, Chester, Delaware and Montgomery counties by supporting them in securing the necessary resources to fulfill their individual missions. MAX encompasses 35,000 individuals and their families, 6,500 direct support professionals, and $1 Billion in services. www.maxassociation.org.
# # #