Physician ACO

 

The team at Genuine Health Group’s physician ACO believes in delivering care with compassion and competence. By using this model, the company’s participating physicians produce the best medical outcomes at the most reasonable cost.  

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Our physician ACO has partnered with an increasing number of doctors in South Florida and has helped them improve care quality, find synergy with their practice team, and explore new avenues for adopting value-based care. Keep reading to learn more.

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Advantages Of Our Physician ACO

 

When doctors contemplate joining a physician ACO, they’re likely to ask “what’s best for my practice?” We offer help to primary care physicians interested in embracing value-based care, while recognizing their need for maximizing their own personal earnings:

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• No enrollment fees to join our physician ACO

• Quarterly bonuses

• Profit participation

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Drawn to our clinical and financial benefits, the number of doctors in our physician ACO continues to grow. Our physician ACO is the ideal vehicle for moving a practice’s Medicare fee-for-service patients into a value-based payment arrangement.

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Physician ACOs Are Moving Forward

 

Participation in organizations like our physician ACO is growing. Recent statistics demonstrate the number of lives covered by all types of ACOs, including ones like our physician ACO, has gone up by almost three million.1 In addition, there was a record-breaking increase in commercial contracts in 2019.

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Participation in a physician ACO continues to grow and evolve, and now more doctors participate in ACOs – more than 50 percent of primary care providers. That’s less than a decade after the ACO model was introduced! The highest percentage of doctors in an ACO belonged to a Medicare ACO like Genuine Health Group’s physician ACO – 38.2%.2

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Making An Impact 

 

Genuine Health Group and its providers are dedicated to demonstrating the positive effects of a physician ACO – where everyone benefits, including physicians’ support teams. Doctors signed up for our physician ACO are not directly responsible for reporting required by the Merit-based Incentive Payment System (MIPS), which is part of the Medicare Access and CHIP Reauthorization Act (MACRA).

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In addition, physicians participating in our physician ACO don’t have to shoulder the responsibility of measuring and reporting quality outcomes. Plus, ACOs like our physician ACO offer even more opportunities for doctors to earn money through higher reimbursement rates and shared savings participation.

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Other Incentives

Physicians who participate in our physician ACO earn additional financial incentives for small changes, like scheduling annual wellness visits and providing follow-up care to Medicare fee-for-service beneficiaries who are discharged from the hospital.

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In addition, we offer support for our practices through unique programs like Genuine Health At Home, which aims to improve outcomes among chronically-ill patients.

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Questions?

 

We’re happy to help you learn more about our physician ACO and our other business lines at Genuine Health Group. Contact us here.

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References

1 LaPointe, J. (2019). Driven By Decline in Medicare Contracts, ACO Participation Dips. Retrieved 22 November 2019, from https://revcycleintelligence.com/news/driven-by-decline-in-medicare-contracts-aco-participation-dips

2 Muhlestein, D., Bleser, W., Saunders, R., Richards, R., Singletary, E., & McClellan, M. (2019). Spread of ACOs And Value-Based Payment Models In 2019: Gauging the Impact of Pathways to Success | Health Affairs. Retrieved 7 November 2019, from https://www.healthaffairs.org/do/10.1377/hblog20191020.962600/full/