PYA has released a white paper to assist providers develop population health management skills to succeed under alternative payment models.
Providers must develop population health management skills and infrastructure if they are to succeed under alternative payment models. While fee-for-service (FFS) reimbursement continues to dominate markets, many providers are reluctant to make the investments required to navigate the transition from volume- to value-based reimbursement.
PYA’s new white paper, Fee-For-Service Population Health Management Services: Getting Paid Now to Prepare for the Future, provides a return-on-investment analysis for a hypothetical 10-physician primary care practice to demonstrate that FFS payments for population health management (PHM) services can support and fund the staffing and infrastructure necessary to transition to new payment and delivery models.
According to the paper, “While an FFS PHM program provides an immediate revenue opportunity for physician practices, the real value in these programs comes from positioning providers for success under emerging alternative payment models. Although harder to quantify at this time, the ability to provide the right care at the right time for the right patient is critical to successfully managing value-based reimbursement.”
PYA’s professionals bring a wealth of experience and expertise to assist in the transition to, and valuation of, alternative payment arrangements. Through its Population Health Ascend suite of products, PYA offers suitably designed plans that incentivize behavior change, helping providers attain population health goals.