ACOs know that reducing costs is the key goal for Value-Based reimbursement. But strategies on how-or even whether-to engage physicians in that goal have not always been successful, to the detriment of all involved. Part of the problem is that provider revenues still stem from Fee-for-Service payments. Physicians are still rewarded based on meeting volume of patients and revenues...READ MORE
Many other countries' healthcare systems outperform ours for one simple reason: They place a much greater emphasis on primary care, which occupies the central place in their systems. "The evidence is that where you have more primary care physicians, where you coordinate care, and where you pay to keep people healthy, you get better outcomes at lower cost," says David Nash, MD, founding dean of the College of Population Health, part of Thomas Jefferson University in Philadelphia...READ MORE
Clinicians who were affiliated with a health system had "significantly better" performance scores under the Merit-based Incentive Payment System than those who were unaffiliated, according to a JAMA study published Tuesday. The researchers noted, however, that the study does not determine whether affiliated physicians were providing better quality care, raising questions about the program's efficacy that need further research...READ MORE
The coronavirus pandemic highlighted the importance of value-based contracts and reimbursement and will continue to push the industry towards these models of care, according to healthcare stakeholder responses in Insights by Xtelligent Healthcare Media's latest report...READ MORE
***ACOEH FLASH INTERVIEW***
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