X marks the spot: Understanding the financial transition from volume to value

Insight Article - December 10, 2019

Benchmarking & Forecasting

Reimbursement

Many medical practices, particularly those offering primary care, are rapidly being driven from traditional fee-for-service (FFS), volume-based care to value-based care, which is increasingly associated with reimbursement methods that feature a combination of pay-for-performance, capitation, bundling and other risk arrangements. When a practice is primarily within one or the other reimbursement environments financial risk is more easily managed due to the predominance of one model. However, during the transition from volume-based to value-based care, financial management becomes more difficult to understand and organizational risk increases.

Practice administrators need an uncomplicated conceptual framework for understanding how to keep their organization’s financial performance on track during the inevitable period of transition to value-based care.

Sign in to access this material

Member Login Become a Member

About the Author

Randolph Pirtle
Randolph Pirtle FACMPE
Chief Executive Officer Blue Ridge Medical Center Arrington, Va.

Fl_pirtles@yahoo.com

ACMPE Article Assessment

Take the assessment to earn one ACMPE continuing education credit.

Get Started
X

Shopping Cart

Your cart is empty

Subtotal:
Click here if your organization is tax exempt
X

A State Sales tax exempt certificate must be on file and taxable items cannot be ordered online. For immediate assistance during normal business hours of 7:00am to 5:00pm MT M-Th and 7:00 am to Noon MT on Friday, please call toll-free: 877-275-6462, ext. 1888

X

Checkout

Use two letter code for US states
Use three letter code for country
Use two letter code for US states
Use three letter code for country

Grand Total:
Use two letter code for US states
Use three letter code for country
Saved credit card is required for opt-in to autorenew.

Questions? Contact the MGMA Service Center for assistance during checkout or review our return policy for more information.
X

Confirmation

,
,

Total:
Payment:
Balance:
 

Thank you for your purchase! If you purchased an event, you will be receiving a follow-up email from our Learning Management System regarding the product/event purchased and no further action is required.


Back to top
Loading...