D.C. Area Insurer to Reward Physicians for Cost Reduction

CareFirst BlueCross BlueShield, which serves some 3.2 million people in Washington, D.C., Maryland and Northern Virginia, plans to launch a program Jan. 1, 2011, that would reward physicians with bonuses for decreasing patients’ healthcare expenses and improving quality, according to a report by the Washington Business Journal.

Advertisement

Under the program, participating physicians would automatically receive a double-digit reimbursement increase from the insurer. They would also receive $200 more than they now do for routine and follow-up patient visits, in addition to up to 80-percent more on top of negotiated reimbursement rates for providing quality care and reducing medical costs.

CareFirst hopes to recruit practices with between five and 20 physicians willing to treat a wide variety of patients. The Maryland Health Care Commission must approve the primary-care medical home pilot before it can go into effect.

Read the Washington Business Journal report on CareFirst’s physician incentives.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.