What's your post-healthcare reform prognosis?
Healthcare reform presents providers with both challenges and opportunities. Whether or not it moves forward 'as is' with full constitutional backing, major change is inevitable and Accountable Care Organizations (ACOs) will be part of the mix. The ACO Initiative is scheduled to launch in January of 2012. Insightful action today means the difference between a bottom line that charts strong gains and one that needs an emergency transfusion. The healthcare reform law fundamentally changes the competitive landscape for providers including primary care physicians, specialists, hospitals, home healthcare providers and more. A healthy outcome under these new rules—ACOs, Health Exchange and Electronic Health Records to name just a few—requires a radically different approach. Are you ready to embrace these new healthcare requirements? Do you know how to position yourself for success?
Life after healthcare reform.
Under the new rules, operating under one tax ID won't cut it. Clinical integration will be the norm. Your view of health and the data to support it must expand from individual patients to the entire population you serve, volume to value. New codes are being introduced for coordinated care. Moving to these new models involves changes to legal structure, accountability measurements, implementation of evidence-based medicine or clinical practice guidelines along with consequences for non-compliance. Failure to implement Electronic Health Records, avoid at-risk beneficiaries or meet performance standards are all grounds for termination. It's all about providing better outcomes—for less.
New risk and accountability have both an upside and a downside. The good news is if you keep your patients healthy and save money, you'll share in those savings. The bad news? If you don't save money, you'll be stuck with costly investments to improve care plus pay a stiff penalty for falling short of performance and savings benchmarks.
These are major changes that call for a major shift in thinking and culture. Do you have the training, experience and expertise to interpret the guidelines and make it all work in your favor? How can you protect your practice from the potentially negative side effects of healthcare reform?
R&L helps you leverage the healthcare reform law to your maximum benefit.
Having carefully dissected the 2000-page healthcare reform bill, you can count on the forward-thinking team at R&L to recommend strategic steps you should take today that'll put you in perfect position to reap healthy rewards as the changes continue to unfold. We'll help your work through the detailed business questions of how to make it all work and make sure you're poised to compete effectively, use available healthcare reform funds to your full advantage, and forge strategic relationships. With R&L's innovative advisors on your team, your practice will be stronger than ever. Let's get busy.
Healthcare reform doesn't have to be a bitter pill to swallow. Call R&L at 941-316-1101 today.
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