In 2012, the Centers for Medicare and Medicaid Services (CMS) launched the Medicare Shared Savings Program (MSSP). This visionary initiative introduced accountable care organizations (ACOs), spurred innovation, and accelerated value-based care’s momentum. Physician-led ACOs have proven particularly effective, generating nearly seven times more savings than other groups in the program. See how Privia’s physician-led ACOs …
More: Value-Based Care
Many independent physicians report that value-based care is both exciting and intimidating, promising and perplexing. The model’s emphasis on high-quality medicine and the doctor-patient relationship is accompanied by new terminology, extensive education, and a paradigm shift in your approach to patient care. To cut through the confusion and help you navigate the volume-to-value transition, we’ve …
There is a tried-and-true process for transitioning into value-based contracts. I’ve analyzed this step-by-step framework in detail, but here is a quick summary to start us off: Solidify the Base of Your Practice Management Upgrade Your Patient Experience Implement the Fundamentals of Value-Based Care Take Greater Responsibility for the Totality of Your Patients’ Care …
“We’re at a really critical juncture in the path to value-based care,” according to Elizabeth Fowler, Director of the Center for Medicare and Medicaid Innovation (CMMI). “Payments for the sake of payments may not generate the transformation that we’re seeking.” As healthcare, the economy, and the world rebound from the COVID-19 pandemic, now is the …
“We’re at a really critical juncture in the path to value-based care,” according to Elizabeth Fowler, Director of the Center for Medicare and Medicaid Innovation (CMMI). “Payments for the sake of payments may not generate the transformation that we’re seeking.” As healthcare, the economy, and the world rebound from the COVID-19 pandemic, now is the …
Many health system leaders — myself included — are no longer wondering if value-based care models will take hold, but rather how we can ensure a seamless transition. Health systems play a pivotal role in the volume-to-value shift as we serve a high volume of patient-customers. As COVID-19 has made clear, value-based care is a …
How can we help you transition to and thrive in value-based care?
There’s a lot of talk around the Quadruple Aim and value-based care, but how do these frameworks intersect and overlap? Rick Foerster, Senior Vice President of Value-Based Operations at Privia Health, examines how the interplay of these concepts can give us an accurate — and exciting — vision for what healthcare has in store in the near-future!
The benefits of value-based arrangements — increased time with patients, reimbursements that reward high-quality care, and more — appeal to many providers. However, the barriers to entry are often confusing and intimidating. Sam Starbuck, Vice President of Privia Quality Network, offers his expert perspective on how and where providers can get started with value-based models.
Physician-led ACOs helped save the healthcare industry $739 million last year while advancing value-based care. What can this teach providers about healthcare’s “Quadruple Aim” and the future of medicine?
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