October 1, 2020
While your ACO isn’t subject to CMS's new rules about cost transparency, you’d be well advised to adopt this method to succeed under Risk through your own modified approach. As your organization establishes mutually beneficial relationships with providers, you can't avoid the choice to achieve savings by prioritizing strategies to focus on cost variations and areas of excess costs. To realize those goals, you’ll need to navigate the battleground of cost transparency by involving patients and physicians in discovery of costs. Learn more. Founded in 2002, Roji Health Intelligence guides health care systems, providers and patients on the path to…Read More
September 23, 2020
ACOs, You Probably Think Cost Transparency Isn’t Your Problem. Think Again.
ACOs have largely sidestepped the cost transparency dispute raging between Medicare and medical providers, especially hospitals, due to CMS rules requiring providers to give consumers coverage-based cost estimates. If you're an ACO, you probably assume that cost transparency is not your problem. So you probably won't like to hear that your ACO should be helping your patients manage costs via cost transparency. Moreover, doing so will benefit you as much as your patients. Let's examine why this makes sense. Lack of Cost Transparency Disables Discussion of Value for Consumers Cost transparency really means giving advance price information to consumers so…Read More