[October 02, 2015] |
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New Policy and Legal Pressures will Encourage Physician Groups to Assume Greater Levels of Financial Risk
CAPG:
WHAT: The 2015 CAPG Colloquium, starting on October 5, will
explore entry into risk-based alternative payment models as more and
more government and commercial payers demand that providers move from
volume to value-based payment systems, and urge physicians and hospitals
to take on greater levels of financial and clinical risk.
HOW: Health care journalists are urged to register ASAP for
complimentary passes to learn how physicians plan to achieve success by
taking on more of the financial risk in treating patients, including
elderly and aging baby boomers with multiple frailties and chronic
conditions. Registration is required for all media in attendance.
WHEN/WHERE: October 5-7, 2015; Marriott Wardman Park,
Washington, D.C. Link for more information: www.capgcolloquium.com.
NEWSWORTHY TOPICS TO BE COVERED:
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A new study released by the Integrated Healthcare Association has
concluded that commercial HMO and Medicare Advantage (i.e., risk-based
coordinated care models), when offered through an integrated delivery
system, provide patients with dramatically higher quality care than
fragmented, fee-for-service care-in fact, 11 to 46 percent better
across the study's six quality measures. As pyers including Medicare,
Medicaid, and Exchanges select and proliferate models of coverage and
care delivery, this has huge implications for patients across the
country, states like California that have largely excluded HMOs from
their exchanges in favor of PPO care, and government purchasers that
buy a lot of PPO coverage with taxpayer funds.
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As a trade association, CAPG is committed to moving 90 percent of its
190-plus members' Medicare business into capitated arrangements by
2018. While many of CAPG's physician groups in 39 states are already
committed to capitation, others are adopting a variety of new
approaches that involve taking financial risk. CAPG's goal supports
the Administration's stated goal of moving 50 percent of Medicare
payments to value by the end of 2018.
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Both Congress and the Obama Administration have embraced the
transition from volume to value-based payment. And policy priorities,
such as implementing MACRA (the Medicare Access and CHIP
Reauthorization Act of 2015), are aligning to encourage providers to
take on greater levels of financial and clinical risk. Physicians will
learn how to prepare their practice for opportunities in risk-based
coordinated care models in both Medicare Advantage and Traditional
Medicare.
WHO: Thought leaders and clinical experts from top national organizations
who have the expertise and knowledge to accomplish change. Participants
will hear from policy experts, Congressional advocates, health plan
executives and providers about the policy and political factors shaping
healthcare today, along with hands-on knowledge for effective operations
management and coordinated care excellence. Speakers include:
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Congressman Kevin Brady (R-TX)
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Senator Bill Cassidy, MD (R-LA)
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Patrick Conway, MD, Deputy Administrator for Innovation and
Quality, CMS
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Bernard J. Tyson, Chairman and CEO, Kaiser Permanente
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Samuel R. Nussbaum, MD, Executive VP and Chief Medical Officer,
Anthem, Inc.
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Mark E. Miller, PhD, Executive Director, Medicare Payment
Advisory Commission (MedPAC)
CAPG is the leading association in the country representing physician
organizations representing practicing capitated, coordinated care.
Membership currently comprises approximately 190 multispecialty medical
groups and independent practice associations (IPAs) across 39 states,
the District of Columbia and Puerto Rico.
To register as a media representative, contact Daryn Kobata, CAPG
Director of Communications: [email protected];
213-239-5045.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151002005001/en/
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