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Complimentary from the publishers of
VBP News
April 2020 |
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"We know that when we do these transition of care visits properly, we
reduce the readmissions, which is high dollars of waste. It really does
fit well into a value-based agreement model."
-William K. Johnjulio, MD, chair of Allegheny Health Network Primary
Care Institute; medical director of Physician Partners of Western
Pennsylvania.
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A recent survey from
the National Association of ACOs found almost 80% of ACOs are very
concerned about the effect of COVID-19 on their 2020 performance. 90% of
responding ACOs say the pandemic will have a “significant or very
significant effect” on ACOs’ ability to earn shared savings. The results
“paint a potentially grim picture for ACOs and the move to value,” the
report says.
Source: Value Based
Payment News, Volume 5 Issue 8, April First Edition 2020, COVID-19
Update:"ACOs See COVID-19 Potential to Sink Shift to Value."
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Jasmine DeSilva: 6 ways private health plans could
mitigate provider revenue loss in the wake of Covid-19
1. Amend value-based care contracts mid-term using a
unilateral amendment clause, if the contract permits.
2. Disregard performance data from the crisis period.
3. Pause downside risk for 2020 and likely 2021.
4. Cap or reduce shared losses through risk corridors.
5. Use a previous year’s performance data to calculate 2020
payment.
6. Make no changes, but hold on reconciliation at the end of the
performance period.
Note: Author acknowledged input from Jackie Selby from Epstein
Becker & Green, P.C. and Faegre Drinker Biddle & Reath law
firms.
Source:
Advisory Board, April 14, 2020 |
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-
COVID-19 Update: ACOs See COVID-19 Potential to Sink Shift to Value
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Journal Scan: ‘Assessing the Effect of a Telepharmacist’s
Recommendations During an Integrated, Interprofessional Telehealth
Appointment and Their Alignment with Quality Measures’
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Industry News with briefs regarding BCBS of North Carolina and
FirstHealth of the Carolinas; BCBS of Nebraska and SpectraMedix.
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Click
here to subscribe to VBP News
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Click here to view a brief (under 2 minutes) video with more
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