Do you have what it takes to thrive as an independent physician?

Posted by Continuum on Aug 30, 2016 2:00:00 PM

Fortune favors the bold

The primary care market is shifting. Shifting regulations and evolving payment models are shaking the foundations of traditional independent primary care practices—and these market forces are even stronger than new and old competitors. As the CEO of a physician practice in Maryland recently told us:

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Topics: CIN, ACO, independent physician practice

High Risk vs. Rising Risk Patients: Knowing the Difference Could Save Your ACO Money

Posted by Continuum on Mar 15, 2016 11:00:00 AM

It is well documented that 5% of the population account for 50% of healthcare spend.1 Provider organizations, such as ACOs, often focus expensive complex care management resources on this patient population segment, often referred to as “high-risk” patients. While conventional wisdom supports the approach, a subcategory of “rising risk” patients may represent an even greater opportunity to drive quality and lower the overall cost of care.

Understanding the Difference

Complex care management involves multi-disciplinary, licensed staff who coordinate closely with primary care teams to meet the needs of a practice’s high-risk patients. Selected cohorts may include patients with multiple co-morbidities, selected transitions of care and/or Emergency Department (ED) over-utilization. A complex care management program might also include high-risk patients within certain medication-focused or demographic categories. Such patients are often “high touch,” requiring both face-to-face and telephonic support, and have had numerous acute care episodes and/or high utilization of multiple resources. Keep in mind that while preventing additional acute episodes is important to prevent additional spend, the cost incurred has already occurred and cannot be altered. 

Once identified, care coordinators proactively ensure that these patients receive the right care, at the right place, at the right time using predictive analytics, customized care plans, point-of-care decision-support tools embedded within an EHR, and access to a high quality/high value provider network. While larger provider organizations may be able to support embedded care coordinators, most groups find that a centralized care coordination team serving multiple providers is far more cost-efficient.

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Topics: Coordinated Care, high risk patients, at-risk patients, cost of care, care coordination, ACO

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