Our goal is to preserve Medicare fee for service for all physicians while gaining leverage in the market to capitalize on shared savings. According to an article in the NEJM (12/10), “If hospitals come to dominate ACO’s, they will accrue more of the savings from the new delivery system and physician’s income and status as independent professionals will decline’. Therefore, we must move quickly to
gain momentum and allow us to effectively dominate the local market. We are pleased to announce that PremierMD has partnered with PracticeiQ, a Healthagen company, to develop an ACO ( Accountable Care Organization). With our physician members growing and now a national health logistics/ care coordination company behind us, our goal is to negotiate and partner with all the hospital systems in Broward County and then the rest of Florida always remembering that our allegiance is to our INDEPENDENT physician members. Because our overhead is lower than hospital affiliated ACO’s, we are able to pass on more savings to our physicians. The cost of healthcare is unsustainable and the status quo is no longer an option if you wish to stay INDEPENDENT. We are actively looking for physicians who believe in quality healthcare and to help grow our network of physicians. Through our partnership, PremierMD is able to offer physicians the opportunity to participate in an Accountable Care Organization and receive the benefit of shared savings without restrictions or financial obligations. With the combined efforts of all parties, we will maintain the highest quality, obtain and share data, and benefit in our cost savings. With the many physicians’ commercial patients, we expect to broaden our services to capitalize in the Commercial ACO market. Many insurance plans will partner with a clinically integrated group of physicians who can provide superior patient care while demonstrating cost effective medicine. We will provide:
High risk claim reporting
Reporting on “frequent flyer” hospital admission/ER visits
Chronic disease registry
Attribution and care retention analysis
Practice enhancement tools
Quality and patient experience benchmarks
Coordination of care and case management to improve outcomes data
Quality and cost metrics
Survey and satisfaction data
And more…