Partnering in Cost Savings Initiatives to Increase Compensation

CardioSource WorldNews

While the Centers for Medicare and Medicaid Services (CMS) and other payers look for new ways to reduce total cost of care, healthcare providers are feeling the simultaneous squeeze in reimbursement. But, the introduction of new programs and reimbursement structures suggest that CMS is open to loosening regulations under certain circumstances, opening the door for hospitals to financially reward physicians for participating in cutting costs through gainsharing. This column discusses how under a gainsharing structure, the financial opportunity for both health systems and physicians can be substantial, especially for larger physician practices.