Time to go ACO
Why can we not move to the value-based purchasing, accountable care model more quickly (“Bill would boost doc pay, hit hospitals,” ModernHealthcare.com, May 20)? It is important to have physician and hospital quality/outcomes and finances in alignment. Organizations such as Geisinger Health System have set a great example on how to achieve high quality of care and control escalating expenses.
Private payers are working more quickly in this direction. Hospitals dealt with the fallout of the Medicare Modernization Act and the average sales price reimbursement model in the outpatient setting and the movement of patients from the physician office to the hospital outpatient setting.
We need to develop a model that works for all parties, but keeping in mind that we provide care to patients and they are the No. 1 priority.
Fred J. Pane Senior director Medicines Co. Parsippany N.J.