Physicians Practice March 4, 2024
Your weekly dose of wisdom from the Physicians Practice experts.
With all the useful information available on Physicians Practice, it is easy to become overwhelmed.
With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this March 2018 story on negotiating value-based care contracts with payers, Gabriel Perna gives these tips:
Strategy 1: Data is Your Friend
Among experts there is a universal agreement: The shift to value is predicated on showing payers that practices are collecting and analyzing data. As Williams says, it’s hard to measure success without data. In fact, Milliman’s three pillars of a successful value-based contracting strategy (transparency, stability, and control)...