Latest / Becker’s Payer Issues Podcast / Innovating Payer-Provider Collaboration with Veradigm’s Courtney Yeakel & Michael Moore
Transcript
- 0:00Hi, everyone. This is Erica Spicer Mason with
- 0:02Becker's Healthcare. Thank you all so much for
- 0:04tuning into the Becker's Healthcare podcast series. So
- 0:07today we're going to talk about how innovative
- 0:09tech can connect payers, providers, and patients to
- 0:12improve outcomes and quality.
- 0:14And joining me for this conversation are two
- 0:16leaders from Veradigm.
- 0:17We have with us Courtney Yackel, Chief Product
- 0:20Officer, and Michael Moore, Chief Revenue Officer. Courtney
- 0:23and Michael, welcome to the podcast.
- 0:25Thank you. Thank you. We're so glad to
- 0:28have you both with us. But before we
- 0:30get into the questions, I wanted to see
- 0:31if you'd like to share just a little
- 0:32bit more about yourselves, your organization, whatever feels
- 0:35top of mind. Absolutely. Thank you so much,
- 0:37Erica.
- 0:38So I'm Courtney Yackel, chief product officer with
- 0:41Veradigm, and I started out my healthcare journey
- 0:44on the payer health plan side of the
- 0:46house,
- 0:47for about ten years. So everything from risk
- 0:50adjustment, quality analytics, strategic business unit,
- 0:53primarily focused on government programs. So whether that
- 0:56be Medicare advantage,
- 0:58Affordable Care Act, or the state specific Medicaid
- 1:01lines of business. So again, everything from analytics
- 1:04and financial reporting,
- 1:06to the lovely data submissions, and then of
- 1:08course, keeping up with the multiple CMS regulatory,
- 1:12guidance that, we all know and love. Yeah.
- 1:14You know payers inside and out. Absolutely. And
- 1:17then jumped over, to start up mode and
- 1:19have been, a part of the Veradigm family
- 1:22for about ten years now. So very much
- 1:24looking forward to the payer issues roundtable this
- 1:27week along my esteemed colleague here, Michael.
- 1:31So hi, everyone. This is Michael Moore. I
- 1:33am, the chief revenue officer for Veradigm Payer.
- 1:37And we were talking last night and getting
- 1:39ready for this that I can't believe it's
- 1:41been thirty five years since,
- 1:43I got into the,
- 1:46technology space and and health plans and,
- 1:49providers. So I've spent a career
- 1:53working in health care technology, helping
- 1:56get to that triple aim
- 1:58and connecting
- 1:59providers
- 2:00and
- 2:01payers so that we have the outcomes that
- 2:03we all seek, and that's healthier patients. So
- 2:06we're really glad to be here. This has
- 2:07been a great conference so far. See a
- 2:09lot of old colleagues and,
- 2:12new people getting into the industry, and we're
- 2:14just really excited to be a part of
- 2:15this podcast.
- 2:16Oh, I'm thrilled to have you both on
- 2:18the podcast with us today, and I love
- 2:20that we're addressing
- 2:21what's going to benefit both payers and providers.
- 2:23You know, so often the conversation is kind
- 2:25of siloed, who's doing what, but I appreciate
- 2:28that this we have this perspective on the
- 2:29line of, alright, how are these groups working
- 2:32together to get the patient outcomes and quality
- 2:33outcomes that they wanna see.
- 2:35So as payer and provider partnerships evolve and
- 2:38we are seeing a more kind of conscious
- 2:41effort among these entities to collaborate and work
- 2:43together,
- 2:44what strategies have you both seen successfully reduce
- 2:47administrative complexity,
- 2:49especially
- 2:50doing so while being able to improve patient
- 2:52outcomes. Can you share us through any examples
- 2:54of that?
- 2:55Certainly. Thank you. It's
- 2:57it's really interesting when you look at,
- 3:00how these organizations, provider organizations and payer organizations,
- 3:05addressing the market and creating their strategies. Number
- 3:09one, you should keep in mind that
- 3:11all the government sponsored programs, these are the
- 3:14Affordable Care Act or Edge,
- 3:16Medicaid, and Medicare Advantage,
- 3:18are all becoming more and more complex.
- 3:22They are all focused on how to document
- 3:25your achievements
- 3:27as a provider or as a payer. And
- 3:29so our our first focus from a strategy
- 3:32standpoint is that
- 3:34an early adopter
- 3:36needs to
- 3:38learn
- 3:39what their organization needs to be compliant with
- 3:42the government as a payer or a provider
- 3:45for quality initiatives, etcetera. So they have to
- 3:47learn and be educated, educate themselves,
- 3:50and, they have to, number two, talk with
- 3:54their
- 3:54payer organizations. They have to understand
- 3:57what that payer organization is trying to accomplish,
- 4:00and then they have to
- 4:02execute. They have to get involved with that
- 4:05payer and collaborate with that payer.
- 4:08For a long time, there's always been
- 4:11a certain amount of animosity or adversity between
- 4:14payers and providers,
- 4:16and
- 4:17both parties should understand that we are here
- 4:20to solve both of their problems. And
- 4:23not engaging and not collaborating
- 4:26is just going to extend the problems further.
- 4:30Well signed, Michael.
- 4:31I think in terms of leveraging technology, so
- 4:34both Michael and I have been in the
- 4:36the health plan payer space for quite a
- 4:38long time. And working together at Veradigm, we're
- 4:41able to capitalize upon the technology,
- 4:45components from the large and growing provider network.
- 4:49So when you bring together some of those
- 4:51those objectives
- 4:52that both payers and providers are diligently working
- 4:56to strive to solve for, there's a couple
- 4:59of of key themes that you see fragmented
- 5:01data, right, in terms of how they interpret
- 5:04the data. Michael talks about establishing that dialogue
- 5:07together. Well, at first, we need to make
- 5:09sure that we're speaking the same language
- 5:11in terms of any datasets that we're looking
- 5:14at, benchmark reporting, financial reporting. The ways that
- 5:17payers are reimbursed is completely different than how
- 5:21our physicians are reimbursed. However,
- 5:23we are all striving to move towards more
- 5:25value based care arrangements, and that's really where
- 5:28you bring in the beauty of both risk
- 5:30adjustment and quality initiatives,
- 5:33leveraging that technology. So if you think about
- 5:36analytics,
- 5:37making sure that you're able to,
- 5:39have that trustworthy
- 5:40dataset
- 5:41at the point of care so that physicians
- 5:43are able to take action upon those.
- 5:46We're seeing it through this calendar year 2026
- 5:49regulatory guidance that was just released this month
- 5:52that is jam packed with some regulatory changes
- 5:56that are up and coming for this next
- 5:57year, very much focused on capitalizing
- 6:00both risk adjustment and quality initiatives
- 6:03that are impacting both payers
- 6:05and providers.
- 6:07At the end of the day, it's all
- 6:09in how we establish that trusting relationship
- 6:12that will ultimately benefit the health outcomes for
- 6:14the member or the patient. Yeah. Such a
- 6:16helpful overview. Thank you both for really painting
- 6:20the the picture for our listeners.
- 6:22And I know you had just mentioned,
- 6:24risk adjustment
- 6:34home assessments,
- 6:35tech driven strategies. So from your perspectives, how
- 6:38is that space evolving, and where is technology
- 6:40making the biggest difference right now?
- 6:43That's a perfect segue.
- 6:44We see that,
- 6:46risk adjustment and quality are becoming the same.
- 6:50Risk adjustment
- 6:51from, its
- 6:53traditional retrospective view will always be around from
- 6:56a a way to get paid properly for
- 7:01the risks that are in your patient population,
- 7:03getting the proper premium for bearing those risks
- 7:06as a health plan or an ACO.
- 7:09Likewise, though, shifting
- 7:11from a retrospective
- 7:13view to a prospective view will be a
- 7:17bigger
- 7:18ROI
- 7:19on the investment in
- 7:21the outcomes that you're gonna measure from a
- 7:24performance standpoint
- 7:25and from a client's health, both the quality
- 7:29of the care that they receive through metrics
- 7:32for things like HEDIS,
- 7:33but also from the outcomes are, do we
- 7:36have a healthier and happier patient population?
- 7:39Another example of
- 7:41quality and risk adjustment
- 7:43commingling for the future
- 7:45is the use of in home assessments.
- 7:48In home assessments are sending a qualified caregiver
- 7:52to a person's home.
- 7:54And, traditionally, it has been
- 7:57very, very expensive
- 7:59to, in a rural situation, send
- 8:02a nurse practitioner or a doctor to someone's
- 8:04home
- 8:06for an annual wellness exam or for just
- 8:09an encounter. And so virtual care took
- 8:12the place of that for a few years.
- 8:16What we have seen the best value come
- 8:18out of IHAs
- 8:20is the gathering of social determinants of health
- 8:23data. When you're in a person's home, you
- 8:26can see that there are food insecurities
- 8:29or there are travel insecurities or there's medication
- 8:32rationing that's going on. These are all direct
- 8:36drivers
- 8:36of people's access to care that directly affects
- 8:40the outcomes.
- 8:42We've also seen
- 8:43that when surveyed,
- 8:46close to eighty percent of patients
- 8:49don't want
- 8:50a caregiver coming into their home. So you've
- 8:53got this
- 8:55dramatic need
- 8:57to address
- 8:58patients who aren't getting care due to access
- 9:01issues,
- 9:02at the same time not wanting
- 9:04a caregiver in their home
- 9:06out of
- 9:08fear or embarrassment
- 9:10or whatever the case might be. So
- 9:13we see IHAs as valuable,
- 9:15but
- 9:16the expense of them has to be driven
- 9:18toward quality
- 9:20and the values that you get out of
- 9:21quality results than you do necessarily for care.
- 9:25Yeah. And if you don't mind, could I
- 9:26just ask you a really quick follow-up question,
- 9:28Michael? You mentioned how risk adjustment and quality
- 9:31are kind of becoming
- 9:33one in the same.
- 9:35So how would you encourage organizations to really
- 9:37be viewing
- 9:38quality and risk adjustment as part of their
- 9:40strategic objectives? Do you recommend any shifts there?
- 9:43Well, the the biggest shift will be to
- 9:45focus on the patient, and and that's
- 9:48it shouldn't be a shift, really. Everybody should
- 9:50always be focused on the patient.
- 9:53But from a documentation
- 9:55process, these government programs
- 9:57are
- 9:58now requiring documentation
- 10:00to justify
- 10:02and,
- 10:03clearly report
- 10:05on the production that these programs have. In
- 10:08the past, we've seen a number of value
- 10:11based care contracts.
- 10:13While their their intent was to incent a
- 10:16provider organization for a certain performance,
- 10:19we've not seen them
- 10:21managed
- 10:22in the way that they need to to
- 10:24clearly document the encounters and the successes that
- 10:28you have and also the the the lack
- 10:30of success.
- 10:32Quality thus then becomes
- 10:34an outcome of patient care and measured across
- 10:38those, we're we're going to see an extension
- 10:41and a broadening of the ways that we
- 10:43measure quality
- 10:45and,
- 10:46not only to include
- 10:48patient preferences or the happiness of the patient,
- 10:51but the sheer outcomes of the diagnoses
- 10:53and,
- 10:54service codes that we document in the encounter.
- 10:57So interesting. And I I know, Courtney, you've
- 10:59been in the payer space a long time
- 11:01too. So what would you add? Anything?
- 11:03I would add that bringing together both risk
- 11:06adjustment and quality really fosters that
- 11:10sense of accountability
- 11:12for both health plan payers and the physicians
- 11:15because, ultimately, they have the same objective,
- 11:18having the the member patient right at the
- 11:20center of care from a health plan perspective.
- 11:23Right? They want to make sure that they
- 11:24are able to
- 11:26retain the member and offering extremely rich benefits
- 11:30that will allow the the member to live
- 11:32that healthy independent
- 11:34life.
- 11:35Same goes for a physician. Right? That is
- 11:37their ultimate goal. If you if you take
- 11:39out all of the crazy
- 11:41acronyms of health care, ultimately,
- 11:44the care of the patient is where health
- 11:46plan payers and physicians come together, which is
- 11:49the beauty of why we all get out
- 11:50of bed each day and and do this.
- 11:52However, it's extremely challenging,
- 11:55But bringing together
- 11:56high stakes,
- 11:58functions across risk adjustment and quality, and Michael
- 12:01and I see this every day. And I
- 12:03can say this because I've been sitting in
- 12:05the health plan shoes. Right? Ensuring that you
- 12:07were you're talking and having those conversations in
- 12:11terms of your objectives and your strategies,
- 12:13not only from a a patient centric mode,
- 12:16but in terms of what types of vendor
- 12:19partnerships or what types of technology or datasets
- 12:22that you're utilizing
- 12:24to achieve both the objectives for risk and
- 12:26quality. Again,
- 12:27with that that total health, care outcome in
- 12:31mind. Yeah. Oh, fantastic. And, Courtney, I know
- 12:33you mentioned a bit earlier in the discussion
- 12:35too that technology is a really big part
- 12:37of the trans transformation of getting payers and
- 12:40providers to work collaboratively, get the shared outcomes
- 12:43and aims that they have.
- 12:45And AI is gaining momentum in the payer
- 12:47and provider operational space. So
- 12:49over the next year or so, what are,
- 12:51what are you seeing as realistic use cases
- 12:53where
- 12:54they will see measurable impact? That's something our
- 12:57our listeners are always wanting to know, or
- 12:59even an area where you're seeing strong potential.
- 13:01Would you mind just elaborating a bit on
- 13:03your thoughts there? Sure. Absolutely. Happy to. There's
- 13:06so much going on in the AI space
- 13:09at this time. I will talk about a
- 13:11lot of the exciting things, and then I'll
- 13:13pass it over to Michael who will talk
- 13:14about the incredibly important pieces around data governance.
- 13:18However, what we are seeing right now in
- 13:20terms of the immediate impact is we we've
- 13:23talked a little bit about bringing those gaps
- 13:25in care
- 13:26at the point of care, whether they be
- 13:28for risk adjustment or quality. But how do
- 13:30we ultimately ensure that the documentation
- 13:33is complete, accurate, and timely,
- 13:36both from a physician education perspective. Right? We
- 13:40wanna make sure that we're not overburdening the
- 13:42physicians.
- 13:43We're not contributing to that fatigue. We wanna
- 13:46make it seamless and simple for them in
- 13:48terms of presenting those gaps in care. One
- 13:52piece of that in terms of leveraging the
- 13:54technology is natural language processing, so our NLP,
- 13:57and certainly our machine learning. We have access
- 14:00to an incredible depth of data,
- 14:03And how we use that is extremely important,
- 14:05whether we're utilizing
- 14:07case and disease registry data for predictive analytics.
- 14:10Right? It's establishing
- 14:12the the grounds of trust and transparency. Again,
- 14:16bridging that conversation between a health plan payer
- 14:19and a physician in terms of how did
- 14:22you determine these particular gaps in care. Right?
- 14:25What datasets did you utilize? And AI is
- 14:28a great,
- 14:29asset
- 14:30for health plans and physicians to leverage in
- 14:32that in those means.
- 14:35So
- 14:36Veradigm,
- 14:37has been involved in artificial intelligence and machine
- 14:40learning and natural language processing and other
- 14:44application of early stage AI,
- 14:47for quite some time. Through the process
- 14:50of of these technologies,
- 14:52we have created
- 14:54an artificial intelligence center of excellence at our
- 14:56company that brings in
- 14:59broad disciplines of people from functional areas of
- 15:02a health plan and a provider organization
- 15:05to look at applications,
- 15:07for leveraging
- 15:09AI.
- 15:10What we're immediately
- 15:11drawn to are the responsibilities
- 15:14that go with managing this kind of data
- 15:18and these types of tools. And so we
- 15:20have established,
- 15:22and continue to establish a level of governance
- 15:24around usage of this information, distribution of the
- 15:27information
- 15:28in
- 15:29our provider,
- 15:31segment, in our life sciences segment, and in
- 15:33our payer segment.
- 15:35And we will continue to see that evolve,
- 15:38and it's a little bit of a a
- 15:40an oxymoron of of governance because right now,
- 15:43there's just very little governance in the AI
- 15:46world. And so,
- 15:48we are treading
- 15:50cautiously
- 15:50but very optimistically
- 15:52at using our current capabilities and looking at
- 15:56new capabilities for the functional areas we just,
- 15:59we just talked about. But
- 16:01it it's more than that.
- 16:03We are we are applying
- 16:06artificial intelligence to the way we do business
- 16:09to assist,
- 16:11physicians
- 16:12and health plans in improving
- 16:15their time
- 16:16or improving their engagement.
- 16:18To particularly illustrate an example is we have
- 16:21the ability for providers
- 16:24to speak
- 16:25into a microphone and us ambiance scribe their
- 16:29information
- 16:30into a coding structure that automatically codes a,
- 16:34a claim at the point of care,
- 16:36vastly
- 16:37facilitating
- 16:38the documentation time that a provider may have.
- 16:42Similarly, we have,
- 16:44capabilities that can automate how a patient gets
- 16:49scheduled for,
- 16:50available appointments in a in a doctor's office.
- 16:53If we know a patient is looking for
- 16:55a doctor of this type and for this
- 16:57type of treatment service, we can scan the
- 17:00available providers and availability on their appointments and
- 17:03automatically schedule those patients for those encounters,
- 17:07dramatically improving the front office operation of a
- 17:10physician office.
- 17:12So we're using AI to address current functional
- 17:16areas. And in the future, we hope to
- 17:18be moving to
- 17:20where
- 17:21AI will provide us decision points.
- 17:24And those decision points meaning
- 17:26recommended,
- 17:28diagnoses or recommending,
- 17:30certain services
- 17:31or recommending certain
- 17:33follow-up visits based on treatment protocols. So
- 17:37the world is wide open for AI, but
- 17:39we have to proceed very cautiously
- 17:42but optimistically
- 17:43to address physician and payer problems.
- 17:46Yeah. And that that cautious optimism, it really
- 17:49comes through. Everything that you just outlined is
- 17:51so exciting to think about that future state,
- 17:53but having something like the center of excellence
- 17:55that Veradigm has sounds essential for this for
- 17:57this time when governance is at a minimum.
- 18:00So well, thank you both so much. I've
- 18:02so enjoyed this conversation.
- 18:04Any final thoughts before we close?
- 18:06Yes.
- 18:07Every time we,
- 18:09we get involved with a physician organization
- 18:13or
- 18:14a a payer organization, whether it's any type
- 18:16of risk bearing ACO or,
- 18:19subgroup of a payer,
- 18:21the one thing we have recognized
- 18:23is that,
- 18:24our businesses
- 18:25are still operating in silos.
- 18:27And,
- 18:28we still have people within our clients that
- 18:31we are introducing to one another, that they
- 18:34are
- 18:35they are struggling to reach within their own
- 18:38organizations
- 18:39and collaborate
- 18:40among themselves
- 18:41and each other. And so one of our
- 18:44biggest
- 18:45efforts is to make sure that our
- 18:47clients are dialoguing
- 18:49within their own walls,
- 18:51and that are,
- 18:52whether they be a a provider or a
- 18:54payer, that they are
- 18:56educated on the decisions they're trying to make
- 18:58and the options that are available to them.
- 19:00And they only get that through a proper
- 19:02dialogue,
- 19:03between payers and providers.
- 19:05Yeah. Such an important point. Courtney, any final
- 19:08thoughts?
- 19:09As you think about
- 19:10bringing
- 19:12and leveraging technology
- 19:13and then, of course, the human component to
- 19:16health care, I think now is an incredibly
- 19:20exciting and invigorating and certainly an inspiring time,
- 19:23especially as we sit here this week,
- 19:26to put
- 19:27these ideas, thoughts, business cases, the technology into
- 19:32action. We have all of the pieces and
- 19:34ready to rock and roll. The only thing
- 19:36that's keeping us from doing that, right, is
- 19:39that relationship between the payer and the provider.
- 19:42And, again, because Veradigm is uniquely positioned in
- 19:45that aspect and having the expansion
- 19:48of provider network and then coupled with the
- 19:51payer experience,
- 19:52bringing those gaps at the point of care
- 19:56to ultimately drive improved health outcomes is incredibly
- 20:00meaningful
- 20:01to our industry. And I just am so
- 20:03thrilled to be a part of it.
- 20:05Well, it's been great hearing from you both.
- 20:07Such good thought leadership in this short amount
- 20:09of time together. So thank you both so
- 20:11much for making the time for Becker's. It
- 20:12was great having you. Thank you. Thank you.
- 20:15And we'd also like to thank our podcast
- 20:17sponsor for today, Veradigm.
- 20:19Listeners, be sure to tune into more podcasts
- 20:21from Becker's by visiting our podcast page at
- 20:23beckershospitalreview.com.