5 CFOs, 5 takes on Medicare Advantage
Becker's Healthcare September 20, 2024
Medicare Advantage has grown rapidly in recent years, and now provides coverage to 55% of the nation’s seniors, almost 34 million people.
On one hand, the value-based program offers the potential for shared savings and alignment with quality care goals. On the other, it presents growing concerns around administrative complexities, increasing payer denials and misaligned incentives, and many systems are dropping their contracts with MA plans.
As MA expands into new regions, health systems are carefully weighing the benefits of participation while navigating the financial risks and operational hurdles it presents.
Here are five health system CFOs’ thoughts on the program:
Editor’s note: Responses were lightly edited for length and clarity.
Kyle Fisher, CFO, Community Health Network...