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.

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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.

 

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TMA PracticeEdge Announces Initial Physician-Led ACO Customers

TMA PracticeEdge, LLC, is pleased to announce service agreements with Houston Regional Accountable Care Organization, LLC, and Alliance ACO, LLC, in rural, south central Texas. TMA PracticeEdge anticipates these physician-led accountable care organizations (ACOs) will initially represent 50-plus physicians providing care and managing the population health for more than 12,000 patients.

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Your Guide to Medicare Value-Based Care

The alphabet soup of Medicare's quality reporting programs has not been easy for physicians to swallow, or follow. But for many, they are an entry point to a fast approaching value-based care system that seeks to break the cycle of high health care spending and reorganize and reward care delivery around better patient health. 

This guide breaks down the what, when, why, and how behind what has become a confusing web of requirements for physician practices at a critical juncture: In 2015, all three of Medicare's main physician quality reporting programs start penalizing practices for noncompliance, and penalties will grow into the future. 

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Independent Physicians: Meet The Resources Your System-Affiliated Peers Have Had

In Texas, 60 percent of practicing physicians operate independently, this despite shrinking reimbursements and increased governmental oversight and a heavier administrative burden. Stretch that demographic to the entire country and you’ll see the percentage of physicians who practice outside a hospital, clinic, or large group plunged to 35 percent in 2014, according to the most recent Physicians Foundation survey.

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