Value based care is here to stay. It received bi-partisan support and a major investment from Washington. Before practices sign up to join an Accountable Care Organization (ACO) at the request of their health system or payer they should know what the risks and requirements are. To see success in an ACO and receive a portion of the savings they have to meet certain objectives.
3 Key Value Based Care Objectives
Failure to meet these could cost the organization a penalty in addition to administrative costs to setup, manage, and monitor performance. Here at the the ASA PRACTICE MANAGEMENT 2017 conference, the ACO long-term stability and success is being challenged.
Not every practice will have an option to join, but participating on committees and administrative panels will better position you and your peers for a piece of the pie, while it’s still available.
Click here for MIPS insights from the ASA PRACTICE MANAGEMENT 2017 conference.
abeo Management Corporation (abeo) serves as a leading source of revenue cycle management and practice management with a specialization in anesthesia. The company leverages its people, processes, and software to serve independent practices, surgery centers, hospitals and healthcare systems with a scope of services that include billing, coding, transcription, practice management, and business consulting.