Physicians Practice April 12, 2024
To help practices prepare for their value-based care transition, here are three top considerations for success.
With the Centers for Medicare & Medicaid Services (CMS) pushing to tie 100% of reimbursements to value-based contracts by 2025, many physician practices are in the process of preparing to take on additional financial risk. Though there is still a year before we reach this deadline, there are many moving parts involved in making the shift from a fee-for-service (FFS) model to a value-based model. From analysis to buy-in, negotiations, and internal and external education, making the transition is no easy task.
To help practices prepare for this transition, we have laid out our top three considerations for success:
1. Know your population’s risk...