Wednesday, June 10, 2009

ACE Pilot for Consumerism and Value Based Purchasing

A new demonstration project from CMS will provide patients with financial incentives to qualifying Medicare patients who select a health care provider based on quality and price.

As part of the Acute Care Episode (ACE) demonstration, five regional health systems nationwide have been designated Value-Based Care Centers. These centers will provide select cardiac and orthopedic services to Medicare beneficiaries at discounted rates.

CMS will share a portion of their savings with patients.

You can see an article on this at the Oklahoman paper.

This is a very interesting pilot.

It should give encouragement to other privately insured organizations that are exploring similar incentives.

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