5. Knowledge of True Costs
"I'm always surprised by organizations that don't know what it costs for them to provide care to their members. That will be fundamental for an ACO," said Jon Blum, deputy administrator and director of the Center for Medicare at CMS. To help, Medicare will be sharing its Part A, B and D claims data with organizations selected for the ACO program to help them develop a more accurate look at their true costs.
ROUNDS: The Real Value of ACOs
When: August 16, 12:00–3:00 pm ET
Where: hosted by Norton Healthcare
Register today for this live event and webcast
Blum said cost data is key to developing care models that will really reduce healthcare costs. He added that no one wants to see ACOs reduce costs by skimping on care or endangering the financial stability of the ACO itself.
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