Knowledge Expansion

The Center for Advanced Medicine — Business Plan

Fellowship Paper

Business Strategy

Value-Based Operations

Chad Collins FACMPE
As the landscape of healthcare continues to shift from a traditional fee-for-service (volume-based) model to a quality-focused (value-based) reimbursement model, organizations such as Patient Centered Medical Homes (PCMH), Accountable Care Organizations (ACO), Community Care or Coordinated Care Networks (CCN), and Full-Risk organizations recognize and are responding to this inevitable paradigm shift.  Value-Based reimbursement models require organizations to improve on the delivery of patient care, focusing on quality metrics and improved outcomes.  As a way to help organizations achieve these quality metrics, an area of focus would be to improve the care and coordination of services for patients by creating a system that is easily accessible, and has a seamless process for getting patients the additional care and services they may require.

The proposed Business Plan is for the creation and construction of a new for profit multispecialty center called The Center for Advanced Medicine. The Center would be located in Central Florida, in one of the largest 55 plus retirement communities, currently consisting of 55,000 homes with a population of approximately 120,000, and growing. The facility itself will be a 285,000 square-foot, five story “bed less hospital” and multispecialty center, and will be an expansion of our large multispecialty practice.
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About the Author

Chad Collins FACMPE
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