Establishing a value-based care delivery model can present numerous obstacles for medical practices. Provider buy-in, accurate data tracking and payment system challenges can all impede adoption. To ensure they get the most out of a shared savings program, practices need a sound strategy to align providers and other stakeholders.
Such was the case with Shore Physicians Group, Somers Point, N.J., which was founded as a for-profit entity in 2012, as an alternative for physician employment with Shore Medical Center. The parent company for both entities is Shore Health System, which also oversees Shore Quality Partners, the clinically integrated network (CIN) that links the practice’s employed physicians with independent physicians. It’s through SQP that the group negotiates with payers on shared savings contracts.