The health care landscape is rapidly shifting away from volume-based fee-for-service to value-based reimbursement. Recent changes in payer and provider accountabilities are accelerating change in this historic pattern, but the path toward success is complex and risky. The Society recognizes these dynamics and has established a special network to deal with the challenges group practices face as they navigate the complicated and shifting waters of post-acute and long-term (PALTC) care. The Society aims to advocate and educate – to amplify PALTC practices as the uniquely qualified specialty of medicine to serve the population of post-acute patients and frail elderly and disabled residents in PALTC settings.
The Society, working with its practice groups, has already achieved major successes in the advocacy arena that have directly benefited your practice:
- Reductions in value-based payment modifier penalties. This resulted in savings of thousands of dollars that PALTC practices can now use to re-invest in their practice.
- New primary care codes for chronic care management that have helped practices invest in new technologies and improve patient care through better care coordination.
- The development of new quality measures that will provide PALTC practice with the opportunity to report on meaningful measures that will be scored appropriately.