Medicare Shared Savings Program changes could benefit physician-led ACOs

Medicare Shared Savings Program changes could benefit physician-led ACOs

You've probably heard that accountable care organizations participating in the Medicare Shared Savings Program (MSSP) will be held to new rules starting July 1 — and that some large, hospital-owned ACOs are concerned. But what you might have missed is the excellent prognosis for physician-led ACOs.

Physician-Owned Organization Saves Medicare Millions while Helping Patients

Just two years into operation, physicians in Alliance Accountable Care Organization (ACO) saved the Medicare program $6.6 million while caring for 11,600 central Texas patients, according to a new report by the Centers for Medicare and Medicaid Services (CMS).

New Coalition Launches to Support Independent Physician Practices in Leading Value-Based Care Movement

Recognizing the importance of independent physician practices in bringing about the movement to value-based health care, a group of leading health care organizations have joined together to form the Partnership to Empower Physician-Led Care (PEPC).

The founding members of PEPC are: Aledade, the American Academy of Family Physicians (AAFP), California Medical Association (CMA), Florida Medical Association, Medical Group Management Association (MGMA), and Texas Medical Association/PracticeEdge.

Houston Chronicle: Texas Doctors Finding it Tough to Remain Independent

From his languid drawl to the University of Texas Medical School diploma that hangs in his office, there is little doubt Dr. Charlie Stiernberg carries the Lone Star gene. And with it comes a Texas-size craving for independence that has spilled over into his medical practice for the past three decades.

TMA PracticeEdge Signs Innovista Health Solutions to Power ACO Services for Physicians

TMA PracticeEdge today announced a multi-year partnership with Innovista Health Solutions to provide an end-to-end suite of services to power TMA PracticeEdge’s accountable care organization (ACO) services solution. This agreement allows TMA PracticeEdge to immediately provide its ACO customers with market-leading tools to manage value-based contracts.

TMA PracticeEdge Helps Physicians Measure Quality, Lower Costs

Physicians have for decades earned a living based on caring for the sick. But in the new world of health care, professionals will earn money based on whether they can keep their patients healthy — a value-based payment system. 

Charles Stiernberg, MD, is chief operating officer at Hillcroft Medical Clinic (HMC), a multispecialty facility in Sugar Land.

"For years, we've been a predominately fee-for-service organization, much like most Texas doctors," he said. "It's just the way medicine has been practiced for decades."

But times are changing, and Dr. Stiernberg says physicians in the clinic recently started to consider how a value-based model could keep their practice vital.