The COVID-19 crisis has affected all primary care practices., but some practices have suffered more than others.
While those that rely on fee-for-service payments have struggled to make ends meet, practices that embraced value-based care contracts in advance of the pandemic have had an easier time weathering the storm. Those that negotiated favorable contracts and had the analytics in place to track critical value-based metrics and collect actionable insights were the most likely to maximize their success.
It takes careful planning and the right partners to implement value-based care programs with a favorable risk-reward balance. If you plan to attend the Medical Group Management Association (MGMA) Medical Practice Excellence: Leaders Conference on October 24-27, you can learn how one large physicians group in NE Florida turned a financial deficit into significant incremental income from its risk and shared savings contracts. In so doing, it has positioned itself as a model for managing VBC contracts effectively.
The joint Acclivity Health and Physicians Group Practice presentation, Building a Quality/Risk Department to Increase Revenue from Value-Based Care Contracts is scheduled for 2 pm on Monday, October 25. Acclivity CEO, Jeremy Powell, and Lindsay Allen, Director of Business Analytics and Medical Economics for Physicians Group Services (PGS), will discuss how Acclivity provided PGS with the data and workflows they needed to ensure their patients received the right care at the right time while reducing utilization of higher cost acute care.
You can also learn about the collaboration from our case study, How Physicians Group Services Turned a Deficit from Value-Based Care Contracts into $1.5 Million in Incremental Income over 24 Months.
Acclivity Health will be at Booth #821 during the conference to answer questions and provide demos of our technology. If you’re interested in talking directly with our CEO or one of our solution experts at the conference — or thereafter — please visit www.acclivityhealth.com/mgma-fall-2021, email us at info@AcclivityHealth.com or call 904-562-1368.