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BY HEALTH CAPITAL CONSULTANTS, LLC
Bundled Payment Model Success Unaffected by Type of Participation
Historically, Medicare has offered value-based payment models to healthcare organizations on both a voluntary and a mandatory participation basis. Because voluntary participants could self-select into programs to reduce spending, it was assumed that they achieved greater savings than mandated participants, but until recently, no data had tested this.
However, a June 2021 study in the Journal of the American Medical Association (JAMA) found no difference in risk-adjusted episodic spending between voluntary and mandatory payment model participants. (Read more…)
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Filed under: "Doctors Only", Accounting, Experts Invited, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance | Tagged: Accountable Care Organizations, ACOs, Bundled Medical Payments, capitation, Health Capital Consultants LLC, JAMA, value based care, VBC | Leave a comment »
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