CareFirst to pay doctors $23M under primary care program
CareFirst BlueCross BlueShield will pay out around $23 million to doctors whose patients' healthcare costs came in lower than what was expected. The additional payments, which doctors will receive increased reimbursements for certain primary care services from July 1 through June 30, 2013, are part of CareFirst's Patient-Centered Medical Home, or PCMH program. The program gives doctors financial incentives and other rewards for improving their patients' overall health. CareFirst announced June 7 that in its first year, the program had a net savings of 1.5 percent, or about $40 million, for the Baltimore insurer.
- How Top-Ranked MA Plans Earn Their Stars
- Readmissions: No Quick Fix to Costly Hospital Challenge
- How Hospitals Can Become 'Upstreamists'
- 4 Ways to Lower the Cost to Collect from Self-Pay Patients
- House Calls Key to Pioneer ACO Success
- How Telehealth Pays Off for Providers, Patients
- 4 Tips for Managing Employed Physicians
- WellPoint Dominates Nearly Half of Markets, AMA Says
- Defensive Medicine Still Prevalent Despite Tort Reform
- CMS Offers Some ACOs $114M for 'Upfront' Costs