A study of 34 physician practices jointly sponsored by RAND Corporation and the American Medical Association found that alternative payment models are changing the way physicians and medical practices operate. However, changing the payment system doesn't always ensure patient care improves.
The Affordable Care Act (ACA) places primary care physicians front and center in the mission to improve the health of Americans, and lower overall healthcare costs. But new ACA-derived payment models that reward value, not volume, are driving skepticism and uncertainty among physicians.
New payment models are not only challenging physicians financially, they are confusing. This article will clarify the most popular concepts coming into vogue and will also address some of the key contractual issues these models can generate.