Superior clinical performance needs to be supported by optimal financial performance. When new leadership at Children’s Hospital Los Angeles Medical Group (CHLAMG) realized the revenue cycle was compromising its clinical mission, a commitment was made to confront the problems head on.
Comments made by CMS Administrator Seema Verma earlier this year have raised speculation that a major overhaul of the Stark law could be in the works, and the announced changes could have implications for health systems developing risk-based and value-focused models.
ECG Management Consultants and Hallmark Healthcare Solutions are excited to announce a Strategic Alliance Agreement for Heisenberg II (patent pending and trademarked), an artificially intelligent, cloud-based software that empowers health systems and physician groups to increase transparency and enable validation throughout their physician compensation process.
The Actuarial and Financial domain, as defined by the MA DSRIP TA Marketplace, includes strategies for value-based payment. Learn more about this TA Domain and possible projects to pursue.
Matt Seiler, a senior consultant in our San Francisco office, recently sat down with Jason Lee, an associate principal, to have a conversation about provider financial services in its current state.
Hospitals and health systems need to understand Total Performance Score (TPS), how TPS is calculated, and how it can be used to optimize strategic decisions and increase total revenue.
As healthcare continues to shift from a volume to value orientation, observers across the country are increasingly raising concerns over how the Stark law and Anti-Kickback Statute (AKS) limit the ability of providers to participate in and be appropriately compensated for care coordination.
Results from our 2018 compensation surveys are in, and registration is now open for our 2019 surveys.
ECG’s 2018 Physician Compensation Survey provides market-specific data. This year’s data showed that the major issues motivating organizations to examine and reconfigure compensation arrangements are financial performance, migration to value based reimbursement systems, and pressures from nontraditional competitors.
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