Issue link: https://beckershealthcare.uberflip.com/i/170070
Executive Briefing: Value-Based & Accountable Care 34 Lumeris' strategy and consulting services. "Financial modeling offers a tool for CFOs and other leadership, giving them information to engage and communicate with physicians," he explains. The model can inform the conversations between administrators and physicians in a hospital or system contemplating a value-based model of care. Financial modeling can be a great resource for hospital and health system executives who may be hesitant to make the important switch to accountable care. "You don't want to be left behind," says Mr. Goodman. "These kinds of…models can really help with a difficult transition." Whether an organization is just starting to think about ACOs or other new delivery models, or it has already started down that road, sophisticated financial modeling can help ensure its success in the future. n 28 Statistics on Providers and ACO Development By Molly Gamble H ere are 28 survey findings on members of the American Medical Group Association and their current status in accountable care business ventures. Figures reflect responses from 62 AMGA members in July 2012. Seventyseven percent of respondents were comprised of multi-specialty medical groups or integrated delivery systems, whereas less than 10 percent of respondents were physician-hospital organizations, independent physician associations, academic medical centers or single-specialty practices. Are you considering undertaking any one of the following accountable care business ventures? • artnering with a commercial insurer and/or hospital for a medical P home or accountable care project — 44 percent • nhancing primary care services to become a medical home — 39 E percent • artnering in other care coordination programs or with care coordiP nation partners — 38 percent • erging with or acquiring other medical groups, IPAs or hospitals M — 31 percent • artnering with a hospital on an initiative to reduce avoidable readP missions — 31 percent • edicare's Shared Savings ACO Program — 28 percent M • nhancing primary care services to become a medical home — 52 E percent • artnering with a commercial insurer and/or hospital for a medical P home or accountable care project — 50 percent • artnering with a hospital on an initiative to reduce avoidable readP missions — 36 percent • erging with or acquiring other medical groups, IPAs or hospitals M — 34 percent • artnering in other care coordination programs or with care coordiP nation partners — 32 percent • Medicare's Shared Savings ACO Program — 27 percent • Medicare's Pioneer ACO Program — 10 percent • Advance Payment ACO model — 2 percent • Don't know / None of these listed — 10 percent • Other — 5 percent Fifty-nine percent of respondents indicated they would partner with another organization to participate in or consider an accountable care business venture. What type of organization are respondents' organizations partnering with? • Health plan — 36 percent • dvance payment ACO model — 8 percent A • y organization is not participating in or considering an accountable M care business venture at this time — 5 percent • Hospital — 22 percent • Medical group — 9 percent • edicare's Pioneer ACO Program — 0 percent M • Other provider organization — 13 percent • on't know / None of these listed — 10 percent D • State or local government — 2 percent • Other — 5 percent • Management services organization — 0 percent Is your organization participating in one of the following accountable care business ventures? • Don't know — 18 percent n Lumeris is an accountable care delivery innovation company offering health systems, payors and providers operational support, technology, and consulting services. The company's technology platform integrates data from disparate systems across the continuum of care, and provides complete visibility into the clinical and financial performance of an enterprise. The depth and breadth of Lumeris' solutions and experience in accountable care, make the company an ideal partner for any healthcare organization seeking the significant benefits of a better connected, aligned and informed accountable delivery system.