Here are four reimbursement and care models every physician practice should understand, according to a MediGain blog post.
• Shared savings. When accountable care organizations deliver high-quality care that results in cost-savings, its providers are rewarded for participation.
• Patient-centered medical homes. This model provides patients with coordinated, comprehensive care. Primary care physicians are the foundation of this model.
• Bundled payments. In this model, providers receive a single payment for all services included in an episode of care.
• Capitation. In this model, a physician group is paid a single, set amount for services provided to a group of patients over a certain period of time, according to the report.
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• Shared savings. When accountable care organizations deliver high-quality care that results in cost-savings, its providers are rewarded for participation.
• Patient-centered medical homes. This model provides patients with coordinated, comprehensive care. Primary care physicians are the foundation of this model.
• Bundled payments. In this model, providers receive a single payment for all services included in an episode of care.
• Capitation. In this model, a physician group is paid a single, set amount for services provided to a group of patients over a certain period of time, according to the report.
More articles on coding and billing:
Are mergers driving up the cost of healthcare? 4 things to know
Does Medicare reimbursement favor surgeons?
32 statistics on ASC accounts receivable