Power Your Practice

The Centers for Medicare and Medicaid Services (CMS) recently released the final rules for accountable care organizations (ACO) in an effort to help prepare healthcare providers who wish to make the transition. While the final rules are intended to make participation in ACOs and the Shared Savings program easier for physicians, many healthcare providers are [...]

While it’s unclear why the dinosaurs disappeared from the earth, it’s easier to explain why the number of private physician practices is shrinking at an alarming rate. Economic pressures, long hours and pending Medicare pay cuts all weigh heavily on physician-owned practices. It’s becoming increasingly difficult for private practice physicians to run a profitable practice, [...]

A recent study commissioned by the American Hospital Association (AHA) found that the Centers for Medicare and Medicaid Services (CMS) significantly underestimated the cost of establishing an accountable care organization (ACO). The findings were shared in a letter sent to Donald Berwick, Administrator of CMS, and suggested that the CMS should adjust the ACO shared [...]