4 Accountable Care Challenges for CMS
- Sufficient Financial Incentives: Implementation and operation of accountable care requires an investment. The financial incentives for high quality and elimination of unnecessary costs must be strong and reliable. The lessons from early pay-for-performance initiatives show how rewards must be high to provide a strong business case for transformation and overcome the inertia of fee-for-volume. Therefore, in setting the threshold trigger and proportion for shared savings, CMS should ensure a substantial portion of Medicare's savings is given directly to ACOs. The benefits of the ACO program and our nation's desperate need to move to value-based mode are too great to be penny wise and dollar foolish.
For the Medicare ACO program to succeed to the benefit of all concerned, it is imperative the CMS rules carefully and fully accommodate these and other early lessons from those already on the road to value-driven, accountable care.
Chief Executive Officer
- mHealth Tackles Readmissions
- 'Kafkaesque' Value System Unfairly Penalizes Doctor Pay
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Targeting Self-Insured Populations
- MA an Insurance Proving Ground for Providers
- Sharp HealthCare Leaves Pioneer ACO Program
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- Proton Beam Therapy Poised for Growth in US
- Docs Fret as HHS Addresses Malpractice Reporting 'Loopholes'
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013