It is providing various services that are related to healthcare. It is based in Puerto Rico. Now this organization will be participating in the Health Care Payment Learning and Action Network, also known as LAN. The LAN is basically a public-private partnership. It seeks to move the U.S. health system toward varying payment models that are based more on quality rather than on quantity.
InnovaCare Inc is becoming a LAN Committed Partner. It will support the LAN’s mission towards acceleration of the transition towards alternate payment models. Various organizational goals have been set up by InnovaCare in support of payment reforms. They will be sharing progress of all these initiatives with the LAN. Read this article about Innovacare at Yahoo Finance
InnovaCare Inc supports the LAN’s goals of making 30 percent of U.S. health care payments tied up to alternate payment methods by 2016 and go up to 50 percent by 2018. They are committed towards helping to measure progress in achieving these goals. This will be done by participation in the LAN Nationwide Data Collection Effort. InnovaCare has Medicaid and/or Medicare Advantage plans that will require them to participate in a quantitative data survey that would allow them to categorize payments as per the APM Framework.
All this signifies the commitment of InnovaCare Inc towards moving this healthcare industry ahead. The President as well as Chief Executive Officer of InnovaCare Inc is Richard Shinto, M.D. He has joined these efforts in order to reinforce InnovaCare’s mission towards redefining of healthcare management. This will be achieved by providing patients with access to healthcare that is coordinated, cost-effective, as well as innovative and is driven by quality.
The LAN had been created in 2015 in order to drive aligning of payment approaches that will be widely spread across the public as well as private sectors of the healthcare system in U.S. This initiative has the goal of moving the health care system in a way that pays providers based on quality and not the quantity of care that is given to patients. There are nearly 100 leading organizations working together towards this transformation in the health system of the nation that aims to emphasize quality of care as compared to the quantity of services being provided. They are coming together to find ways to make payment models work in a much better way. View the company profile at LinkedIn