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Increasing Impetus on Physician Reimbursements becoming value-based
2 pages
Published by
Thomas
End to End Medical Billing Solutions
http://www.
medicalbillersandcoders.
com
www.
medicalbillersandcoders.
com
Copyright ©-2011 M.
D.
C.
P.
All Rights Reserved.
Page 1 of 2
Increasing Impetus on Physician Reimbursements becoming...
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End to End Medical Billing Solutions
http://www.
medicalbillersandcoders.
com
www.
medicalbillersandcoders.
com
Copyright ©-2011 M.
D.
C.
P.
All Rights Reserved.
Page 1 of 2
Increasing Impetus on Physician Reimbursements becoming value-based
Both federal and private payers are shifting compensation from volume to value of services.
According to
American Medical News one of such payers is UnitedHealth Group who is to start offering approximately
50- 70% of its physician’s bonuses for reaching cost and quality targets and/or participating in new care
models.
Increased numbers of physician practices are likely to experience this shift soon with other large health
plans, like Aetna and WellPoint, already using the value-based incentives model.
In addition Medicare’s
shared savings program is also offering “shared savings” to the pioneers of Accountable Care Organization
(ACO) who are improving quality of care and reducing costs.
Overall the shift to value is not a passing trend
state
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