Can ACOs Crack the Healthcare Payment Code?
It's not just the volume of patients that will strain the system. More patients means provider organizations need more physicians, and hospitals and systems are willing to fill the void by employing, acquiring, or contracting as necessary. Over the next 12 to 36 months, 74% of hospital leaders surveyed said they plan to employ a greater number of physicians. Many MDs are already seeking employment, while news of physician groups being acquired is now a regular occurrence.
Change, of course, begets change. Under PPACA, there will be shift away from the fee-for-service model, and providers will be tasked with delivering better care at lower costs. Figuring out how to do that is another pain point, and the work is just getting underway. The patient-centered medical home model and accountable care organizations, may deliver on both fronts, but are largely untested.
Samitt, for one, who is president and CEO of Dean Health System in Madison, Wisc., believes ACOs could facilitate increased collaboration, better patient outcomes, and a better value.
And Paul Keckley, executive director, Deloitte Center for health Solutions wrote in a memo this week: “It’s plausible to believe that alignment of physicians, hospitals and long-term care providers into local integrated delivery systems, a shift from volume to outcomes-based payments and adoption of a national standard of care based on evidence might bend the curve. Time will tell."
Cora Nucci is the Senior Online Editor for HealthLeaders Media.
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