The purpose of this session is to focus on leadership and management issues particularly relevant to implementing radiology practice change aligned with new payment models. CMS and other payers are rapidly steering providers from providing volume-incentivized to value-incentivized care. One increasingly popular mechanism--now codified by recent MACRA legislation--is advanced alternative payment models. Bundled payments for episodes of care will comprise many of these. To date, those models have focused on primary care and, more recently, surgical encounters. Recent work by the Neiman Health Policy Institute has resulted in several frameworks for which bundled payments could be crafted for radiologists.. Since MACRA indicates that as much as 20% of physicians' pay will be influenced by their participation in new payment models, this topic has considerable financial relevancy to all radiology practice stakeholders. Developed in conjunction with Radiology Leadership Institute.
Describe bundled payment models potentially applicable to radiology practices.
Examine sundry stakeholder interests and needs in a manner that optimize the success of new payment models designed to coordinate patient care.
Identify the cultural and operational changes necessary in radiology practices to succeed under new society mandated delivery models.