News Summary
WellSky is gearing up to help healthcare organizations adapt to the upcoming Transforming Episode Accountability Model (TEAM), launching on January 1, 2026. This mandatory bundled payment model will hold hospitals accountable for inpatient surgical care costs and quality. With a focus on case management, WellSky aims to streamline workflows and improve patient outcomes, supporting providers as they navigate these changes. As the TEAM model is set to save Medicare significant funds, effective transition management will be key to avoiding financial penalties.
WellSky Prepares Healthcare Providers for Exciting New Payment Model
In a move that’s sure to shake things up in the healthcare industry, WellSky, a company at the forefront of health and community care technology, is stepping up its game to help healthcare organizations adapt to the challenges of value-based care models. With the upcoming launch of the Transforming Episode Accountability Model (TEAM), set to roll out on January 1, 2026, WellSky is enhancing its capabilities to ensure healthcare providers can not only keep pace but thrive.
What’s the TEAM Model All About?
The TEAM model is no small potatoes. It’s a mandatory bundled payment model that will hold acute care hospitals financially accountable for the cost and quality of inpatient surgical care provided to Medicare beneficiaries. The stakes are high—this model is projected to save the Medicare program around $481 million over a five-year span from 2026 to 2030. That’s money that could be redirected into improving healthcare services, but it also means hospitals will need to adapt quickly to avoid financial penalties.
Why Are Case Managers So Important?
As we transition to TEAM, the role of healthcare professionals like case managers, discharge planners, and care coordination teams becomes even more critical. These individuals play a vital part in ensuring patients transition smoothly from the hospital to home or other care settings. They manage everything from engaging post-acute providers to monitoring patients during the 30-day post-discharge period. If transitions aren’t managed effectively, hospitals could face higher readmission rates and increased costs, which could jeopardize their financial stability under the new model.
How Is WellSky Helping?
WellSky is stepping up to ensure healthcare organizations have the right tools to navigate these changes. By providing real-time data, streamlined workflows, and unwavering support, WellSky empowers case managers to make informed decisions that will ultimately improve patient outcomes. This tailored approach is set to create better collaboration between healthcare providers, ensuring everyone’s on the same page—after all, teamwork makes the dream work!
Impressive Client Base
WellSky’s impact is already felt across the healthcare landscape. With a client base of over 20,000 sites, including major hospital systems, blood banks, home health and hospice providers, and even government agencies, the company has proven itself as a leader in modern healthcare solutions. This diverse clientele allows WellSky to continuously innovate and adapt its offerings to meet the evolving needs of healthcare providers.
The Future Looks Bright
As the countdown to TEAM begins, WellSky is focused on not just meeting current client needs but anticipating future challenges. By helping organizations understand the ins and outs of hospital case management and value-based care models, WellSky is dedicated to fostering healthy, thriving communities and improving overall health outcomes.
Take Action Now
Now is the time for healthcare organizations to get on board. By exploring WellSky’s support for hospital case management and value-based care models, providers can ensure they are prepared to tackle the challenges brought on by TEAM. Interested parties can find more information by visiting WellSky’s website at wellskey.com—because when it comes to healthcare, there’s no time like the present to innovate!
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Additional Resources
- Business Wire: WellSky Delivers the Technology and Expertise Hospitals Need
- HME News: WellSky Buys Bonafide
- Wikipedia: Healthcare in the United States
- Business Wire: StoneGate Senior Living Selects WellSky
- Business Wire: WellSky 2024 Evolution of Care Report
- Google Search: Transforming Episode Accountability Model
