http://www.cnbc.com/id/102368657
While ir remains to be seen how HHS plans to accomplish this shift
voluntarily...
Writing capitated or bundled reimbursement/management modules should
(sharply) become more important as the cost of incremental support
services (for reimbursement) rise with this announced (and massive)
shift to the "new risk-sharing" model usage. It's also important to
build data (experience) for defensive reporting and actuarial purposes
as historic data stores will represent a barrier to entry into
understanding (calculating and predicting) the "cost of quality" in the
future...think "cost of funds" approach. This means longitudinal studies
and "Spells of Illness" (within pre and post time windows) will be
necessary for both inpatient and outpatient services...which has been
cited as the primary problem by the shared savings program participants
(ACOs) who have exited in the recent past. Deriving a starting point has
been very painful for many early adopters as will operating within
statistical norms for many providers may turn out to be difficult for
high fixed-cost organzations. Data on payment performance (outliers,
pipeline efficiency, etc) and comparative effectiveness (of
quality/safety initiatives) will have to be developed and integrated
into reimbursement as a routine matter of getting paid and corrected in
the cost recapture and opportunity models upon which previous investment
decisions were based...to avoid running blind. Many of the remaining
healthy enterprises could not keep their earnings positive without
blurring the lines between providers and insurers. Such announcements
promise to hasten industry consolidations led by organizations with
expertise in actuarial sciences...and we might do well to acknowledge
this sooner than later. Sounds like the time is upon us. Let's remember
the new risk model levels the playing field for this whole new industry
sector and represents an opportunity similar to meaningful use in the
management and reimbursement side of healthcare informatics.
Just my opinion...you be the judge.
Andy