Designing Advantageous Incentive Structures
The Essentials of Risk Contracting, Part 2
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About the Webconference
Many providers are currently entering into shared savings contracts with commercial payers. But even with bonus potential, in the near term revenue rarely reaches the level accrued under fee-for-service due to the demand destruction required to meet cost targets.
As such, some finance executives want to move quickly into capitated contracts. But providers need to gain experience with agreements that contain less risk and gradually acquire the competencies (population health management and actuarial expertise) necessary to accept full risk for a population of patients.
This webconference outlines strategies for increasing the likelihood of achieving bonus savings by advantageously structuring cost and quality incentives.
You will learn:
- Common characteristics of shared savings bonuses
- Strategies for optimizing cost rewards
- Methods for increasing the likelihood of achieving quality metrics