The Centers for Medicare and Medicaid Services has announced two value-based care alternative payment models set to launch in July 2024, one focused on dementia and one on primary care.

The American Hospital Association reports that since 2000, hospitals of all types have provided about $745 billion in uncompensated patient care. The goal is to get healthcare providers out of the banking business and shift the financial relationship to third-party financial service providers who take over the payment process for all.

Pearl Health — a technology company that helps independent physician practices participate in value-based care models — just raised $75 million in Series B financing. Pearl’s platform leverages data science to help primary care providers focus on patients who are driving expenses and need care the most.

Let’s tear down the silos that transport seniors through the classic stages of hospitals, rehab, assisted living, and nursing homes. Value-based care or better yet, global risk, has a way of disintegrating these silos. If providers want to get paid, they must collaborate. That means instead of treating a singular issue, we must reach out to the rest of the ecosystem, coordinating treatment and driving together toward a meaningful outcome.

The CEO of Mayo Clinic, castigated recently for telling staff to prioritize care for privately insured patients over those with government insurance, said Wednesday that his remarks had been taken out of context.