Group Culture | Podcast

The Devaluation of Value-Based Billing – Podcast

“Value based billing” remains dominant in the medical industry news, chiefly from the MACRA angle. Mostly, though, it’s a lie because value is determined by the customer, not by some bean counter at CMS. Sure, CMS may be paying the bill for Medicare patients, but the patients are the actual customers and only they can assess whether value was truly delivered.

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Strategy

What’s a Medical Group Compensation Plan For?

Okay, okay. The chances are great that your first reaction after reading the title was to think, “It’s so I’ll get paid.” Now that we’re past that, let’s look a bit deeper. From the medical group perspective, a compensation plan is a part, in fact the largest part, of the practice’s system for driving behavior […]

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Group Culture

The Devaluation of Value-Based Billing

“Value based billing” remains dominant in the medical industry news, chiefly from the MACRA angle. Mostly, though, it’s a lie because value is determined by the customer, not by some bean counter at CMS. Sure, CMS may be paying the bill for Medicare patients, but the patients are the actual customers and only they can assess whether value was truly delivered.

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The Business of Healthcare

Value-Based Reimbursement Is a Lie

I hate it when people lie to me. I also hate it when people lie to my clients and friends. Someone is lying to you now. That someone is the government and the pundits and the so-called healthcare journalists who tell you that checking a box is value-based something. News flash: it’s not value-based anything. […]

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