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Three Strategies for Aligning With Physicians in a Value-Based World
Published by HFMA
Written by Jen Johnson, CFA and Alexandra Higgins
Quality and efficiency have become paramount in health care as organizations move toward value-based payment models. Because physicians are integral to the provision of care, alignment strategies between health systems and physicians are evolving rapidly. Prior to aligning and ultimately compensating physicians for quality and/or cost savings, a health system must understand myriad factors, including what specific impact is being measured.
Specifically, health system leaders should determine the extent to which each the following serve as the basis for the performance and anticipated quality and/or savings payments:
- Personal performance of a single physician
- Excellence achieved at a service-line level
- Triple Aim success for an entire population through integrated care