Risk Management News

Atrius Health Makes the Business Case for Risk-Based Payments

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At a time when operating income is falling for most hospitals and practices, Atrius Health, Inc., the largest non-profit independent medical group in New England, is reporting a $38.7 million operating...

Downside Financial Risk Adoption Still Low Among ACOs, Study Finds

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The number of accountable care organizations (ACOs) increased roughly fivefold since 2012, but the number of contracts with downside financial risk has remained relatively static, according to a new...

72% of Execs Ready for Risk-Based Alternative Payment Models

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Providers are gearing up to participating in risk-based alternative payment models through commercial payers and Medicare, according to a new Navigant analysis based on a survey conducted by the...

3 Strategies to Help Accountable Care Organizations Boost Savings

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Accountable care organizations (ACOs) have come a long way since the Affordable Care Act (ACA). Providers have formed over 1,000 ACOs covering over 32 million patients since the law paved the way for...

Practices Ask for Downside Risk Delay for Oncology Care Model

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An association of community oncology practices recently urged CMS to delay the October 2019 deadline for practices in the Oncology Care Model (OCM) to assume downside financial risk. In a letter to...

AHA Seeks More on Primary Cares Initiative’s Direct Contracting

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CMS’ request for information on a new direct contracting model presents a unique opportunity for financial risk in healthcare, but the “lack of detail makes it difficult for providers to...

70% of Practices to Owe Under Risk Tracks in Oncology Care Model

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Seventy percent of practices in Medicare’s Oncology Care Model (OCM) would owe payments to CMS if they transition to the program’s two-sided financial risk tracks, a new Avalere analysis...

Risk-Based Revenue Gains Momentum Among Providers, AMGA Finds

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Risk-based revenue from medical groups and integrated delivery systems (IDNs) accounted for 56 percent of revenues in federal settings and 28 percent of revenues in commercial settings in 2018,...

Healthcare Consumerism Top Risk Management Priority of CFOs

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Health system and health plan CFOs see healthcare consumerism as one of their top organizational risk management priorities, according to a recent survey conducted by the Deloitte Center for Health...

Financial Risk Sharing in Healthcare Improves Quality, Costs in CA

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Financial risk sharing in healthcare led to total costs of care being 3.5 percent lower in 2017, reveals the third edition of the California Regional Health Care Cost & Quality Atlas. Providers in...

ACOs Seek CMMI Transparency for Downside Financial Risk Adoption

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In an effort to promote downside financial risk adoption, accountable care organizations (ACOs) and other providers are calling on the CMS Innovation Center (CMMI) to increase transparency and improve...

Value-Based Contracts with Risk 3 to 5 Years Away for Providers

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Taking on upside and downside financial risk through value-based contracts is still years away, according to healthcare leaders in a recent survey conducted by HealthCare Executive Group (HCEG) and...

How Accountable Care Organizations Can Prepare for Downside Risk

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Accountable care organizations (ACOs) are part of the foundation of the healthcare industry’s transition to value-based care and purchasing. Since the passage of the Affordable Care Act (ACA),...

Implementation of Risk-Based Contracts in Healthcare Stalling

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A new survey of more than 500 C-suite executives showed that most organizations are still experimenting with risk-based contracts in healthcare despite having more ambitious goals for implementation by...

Post-Acute, At-Home Care Saves Next Gen ACO Atrius Health $19.9M

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“You can't emphasize enough the right setting and the right care,” stressed Peggy Chou, MD, the Senior Medical Director of Performance Excellence of Atrius Health in...

Hospitals, Blue Cross NC Share Risk with New Value-Based Contract

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Five major health systems recently entered a value-based contract with Blue Cross and Blue Shield of North Carolina (Blue Cross NC) that will hold them financially accountable for total costs of care...

Healthcare Disruption Spurs Hospitals to Alter Business Operations

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Eighty-five percent of hospital and health system executives believe the industry is at significant risk for healthcare disruption, and their organizations are preparing their business operations for...

Practices Still Averse to Risk-Based Alternative Payment Models

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Physician practices are less willing to participate in alternative payment models with downside financial risk compared to four years ago, revealed a new study from the RAND Corporation and the...

36% of ACOs Consider Quitting MSSP Under New Proposed Rules

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Over one-third of accountable care organizations (36 percent) said they are unlikely to continue with the Medicare Shared Savings Program (MSSP) if the proposed overhaul is finalized, a recent survey...

AMA, AHIP, and Others Oppose Upside-Only ACO Changes for MSSP

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The American Medical Association (AMA), Medical Group Management Association (MGMA), and Health Care Transformation Task Force (HCTTF) are among nine industry groups calling on CMS to reconsider...