Affordable Care Organizations are picking up steam thanks to the Affordable Care Act and because, well, they’re working. ACOs are collections of medical providers — primary care doctors, specialists, social workers, pharmacists and nurses — paid to care for a group of patients. If the group can reduce the cost of care while maintaining the patient’s health, it can keep and divide up the saving. If quality measures are not met, the group receives lower payments. In April, ACOs participating in the Medicare Shared Savings Program will accept Medicare patients. According to government estimates, at least two million will be enrolled by the end of the year. Unlike HMOs, patients in ACOs can go outside of a network and still receive reimbursement. “This is not about restricting care, but to proactively coordinate care and to ensure that the patients’ needs are met early in the process,” says Jonathan Blum, deputy administrator at the Centers for Medicare and Medicaid Services.
A House Medicare for All hearing led to talk about making doctors salaried government employees.
If your sales are soft, here are ideas about how to fix that.
One of the weak performers was voluntary dental insurance.
Sponsored by FTJ | FundChoice
A full-service solution that helps you improve your process and client relationships sounds great, but you must be able to determine what will best help your firm grow.
Sponsored by Smarsh
New communication tools can open up your firm to risk and prohibition is not prevention. Learn five key practices you should implement now.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.