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Navigating Accountable Care Organizations for Healthcare Provider
With the advent of accountable care organizations (ACO), the shift to preventive, coordinated care is in favor of providers who maintain patient health and reduce the need for higher-cost, episodic care. ACOs create financial incentives for health care providers to coordinate and improve the quality of care for their patient population. Reimbursements are tied to…
Read MoreValue-Based Contracting: How to Engage in the New Payment Models
Value-Based Contracting is a range of reimbursement methods from Fee-For-Service with incentives for value to full risk-based agreements. Medical Groups/Practices will want to engage all payers to take on risk and upside potential for the delivery of high-quality care with lower costs. This suggests a diverse approach to contracts that leverage quality results to reimbursement methods. Develop…
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