Session ID: 
23

Rewarding Value: Realigning Physician Compensation

12:00pm - 1:00pm Tuesday, March 10
Orlando - Orange County Convention Center
W207C

Description

Value-based payment models are increasingly transferring performance risk to providers. Health systems must build infrastructure to systematically manage care quality and cost, while administering physician incentive programs that recognize quality and efficiency. The 4,000 physician-members of the AMITA Health Clinically Integrated Network are responsible for the care of over 400,000 individuals in the Chicago area through various attributed, value-based payer contracts. AMITA will review strategies for engaging physicians in value-based transformation and the importance of clinical integration as a vehicle for crafting virtually integrated delivery systems. AMITA will discuss the need for financial and performance accountability, explanation of physician communication and reporting approaches, and will describe the evolution of performance-based compensation programs and their use of analytics and behavioral economics to reward high quality, efficient care.

Learning Objectives

  • Describe the value of a clinically integrated network as a vehicle for a virtually-integrated delivery system
  • Explain the importance of supporting a clinically integrated network with integrated analytics and workflow tools for coordinated care and population health initiatives
  • Identify behavioral economics principles that can be applied to the development of a physician incentive compensation program for value-based care
  • Measure provider performance using analytics and scorecards that explicitly guide providers toward behaviors resulting in successful outcomes
  • Design effective distribution programs for employed and independent physicians under risk-based contracts

Speaker(s)

President, AMITA Health Medical Group,
AMITA Health Chief Population Health Officer

Continuing Education Credits

ABPM
1.00
ACHE
1.00
CAHIMS
1.00
CME
1.00
CPHIMS
1.00
PDU
1.00

Audience

CEO, COO
Chief Quality, Chief Clin Transformation Officer
CMIO/CMO

Level

Advanced