MGMA 2020: Transitioning to value-based care

October 21, 2020Garrett SchmittNo CommentsMGMA, Triple Aim

Although risk-based care contracts have existed for many years, primary care doctors have been reluctant to embrace them. But with careful planning, these contracts can offer medical practices the flexibility and income they need to provide high-quality care, while maintaining their independence. Representatives of practices using value-based payment contracts discussed their benefits during a session…

3 Reforms Aim to Reduce Administrative Burden of Value-Based Care

October 11, 2019Garrett SchmittNo CommentsMGMA, MIPS, Stark Law

As the industry transitions from the fee-for-service model to value-based care, many providers are finding themselves struggling to straddle the divide. The shift away from volume has created many new administrative burdens that are handicapping providers’ ability to focus on patient care. In an effort to alleviate these significant provider burdens, CMS recently sent out…

HHS’ massive Stark overhaul prompts optimism for value-based care models

October 9, 2019Garrett SchmittNo CommentsMGMA, Stark Law, VBHC

Many of the top health system and provider groups lauded the Department of Health and Human Services’ (HHS’) proposed regulations aimed at updating the decades-old Stark Law saying they believe it is the start to removing major regulatory headaches stymying the shift to value-based care models. The Centers for Medicare & Medicaid Services (CMS) and…

Medical Groups Call for Value-Based Care Reforms to Reduce Burden

August 13, 2019Garrett SchmittNo CommentsAMGA, MGMA, Stark Law

Operating with one foot in fee-for-service and the other in value-based care has created significant administrative burdens for providers, so medical groups are now offering CMS value-based care reforms to simplify the model and move more providers away from volume. In response to a request for information on how to reduce administrative burdens, AMGA (American…

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