Healthcare Finance News October 10, 2017
Smaller physician practices are particularly vulnerable to risk, and there are upfront costs to consider, too.
Value-based care models are here to stay. But how aggressively a physician practice should pursue these arrangements depends on how much risk the practice wants to assume, according to Michael Cuffe, MD, president and chief executive officer, physician services at HCA Physician Services Group in Brentwood, Tennessee.
Speaking Monday at the Medical Group Management Association’s annual conference in Anaheim, California, Cuffe said it makes sense to pursue risk if you’re a clinician looking for ways to provide better comprehensive care — and the fee-for-service framework hasn’t created that ability.
[Also: Why value-based care challenges providers, payers to offer retail-like experience]
“Fee-for-service does not...
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