The COVID-19 pandemic has demonstrated the failures of a fee-for-service reimbursement model. Virtually overnight, providers have had to find a need for a different set of services, equipment, and processes to manage the public health crisis. A fee-for-service framework that pays for volume of services is not able to create the appropriate incentives for nimble change.
ACOs can be one of the safest place for providers to adapt to rapidly changing conditions because savings and losses are shared with Medicare, and providers can build advanced primary care practices that keep people healthy, such as care management.
Download our whitepaper to learn Caravan's two-pronged strategy to succeeding the Medicare Shared Savings Program. Learn how to use the benefits of a collaborative ACO paired with a comprehensive virtual care strategy to sustain your organization's financial future now and well beyond the COVID-19 pandemic.