(HealthDay)—The American Medical Association (AMA) has developed new tools to aid physicians in understanding payment arrangements in evolving fee-for-value care models.
The AMA has new resources to guide physicians through appropriate payments systems for new models of care. The guide is entitled Where do I fit in? Dividing the pie in new payment models. It focuses on two emerging types of fee-for-value payment models: global budgets and episode-based bundles.
According to the AMA, the guide includes information on identifying who and what services should be included in a fee-for-value payment model. Other topics include: risk-based guidelines; incorporation of new payment models into governance and organization; alignment models that enable fee-for-value compensation; and different payment options. Case studies, offering examples from real practices of how payments in new models can be divided, are also included. A webinar, scheduled for May 13 at 7 p.m. Eastern time, will discuss organizational principles and governing structures to ensure physicians have a seat at the table when the "payment pie" is divided.
"As the transition toward value-based payments continues, all health care stakeholders will need to balance the use of nationally recognized and standardized measures with a more flexible approach that enables local providers to identify measures and targets, as well as payment mechanisms that take into account their unique circumstances," the AMA Council on Medical Service stated in a report issued at the AMA Interim Meeting in November.
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(HealthDay)—The American Medical Association (AMA) has developed new tools to aid physicians in understanding payment arrangements in evolving fee-for-value care models.
The AMA has new resources to guide physicians through appropriate payments systems for new models of care. The guide is entitled Where do I fit in? Dividing the pie in new payment models. It focuses on two emerging types of fee-for-value payment models: global budgets and episode-based bundles.
According to the AMA, the guide includes information on identifying who and what services should be included in a fee-for-value payment model. Other topics include: risk-based guidelines; incorporation of new payment models into governance and organization; alignment models that enable fee-for-value compensation; and different payment options. Case studies, offering examples from real practices of how payments in new models can be divided, are also included. A webinar, scheduled for May 13 at 7 p.m. Eastern time, will discuss organizational principles and governing structures to ensure physicians have a seat at the table when the "payment pie" is divided.
"As the transition toward value-based payments continues, all health care stakeholders will need to balance the use of nationally recognized and standardized measures with a more flexible approach that enables local providers to identify measures and targets, as well as payment mechanisms that take into account their unique circumstances," the AMA Council on Medical Service stated in a report issued at the AMA Interim Meeting in November.
Explore further: Physician groups find fault with medicare payment data release
More information: More Information
Webinar Announcement
Copyright © 2014 HealthDay. All rights reserved.
Medical Xpress on facebook
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Physician groups find fault with medicare payment data release
Apr 25, 2014
(HealthDay)—Physician groups cite major problems associated with the release of Medicare payment data, according to an article published April 16 in Medical Economics.
AMA provides resources to aid physicians' collections
Apr 06, 2014
(HealthDay)—The American Medical Association (AMA) has released resources to help doctors confront policy jumpers who may pose a financial risk to physicians during the Affordable Care Act's 90-day premium ...
Bundled payments come to gastroenterology
Mar 24, 2014
Patients want physicians to provide high-quality care and the health system requires good value for physician work. To help gastroenterologists achieve these goals, the American Gastroenterological Association (AGA) has developed ...
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Mar 04, 2014
After a decade of experimentation with reforms that give health providers financial incentives to improve performance, relatively little is known about how to best execute such strategies or judge their success, according ...
CMS finalizes 2014 physician payment rates, policies
Dec 10, 2013
(HealthDay)—The final payment rules for 2014 include a proposal to support care management outside the routine office interaction and policies to promote high quality care and efficiency, according to a ...
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10 minutes ago
(HealthDay)—Parents are able to correctly diagnose and evaluate an infantile hemangioma (IH) after completing an e-learning module, according to a study published in the May issue of the Journal of the Am ...
Nicotine poisoning of infant highlights 'E-cig' dangers, docs report
30 minutes ago
(HealthDay)—The story of a 10-month-old boy rushed to a hospital after ingesting the refill liquid used in e-cigarettes spotlights an emerging safety issue, the doctors who treated him say.
US doctors decry 'political blackmail' by gun lobby
11 hours ago
A leading US medical journal on Wednesday hit out at the powerful American gun lobby for opposing the nomination for the post of top doctor, calling it a new form of "political blackmail."
Handshake strength reveals education, age
12 hours ago
A physical test for measuring age shows wide differences between the rates of aging among different population groups, according to new research by demographers at the International Institute for Applied ...
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