with Shawn DeGroot, Frank Sheeder, Troy Barsky, and Mary Fischer
Interesting Points
- They are run by providers no VC money involved
- Their board has to be made up of 75% of membership
- ACO's are involved in shared savings, shared risks models
- They are judged on performance benchmarks as a measure of success
- ACO's don't totally follow the OIG 7 elements for compliance but have their own structure and a mandatory compliance position that reports to the board.
- Privacy concerns along with standard federal guidelines are all still present
- Anti-trust concerns with ACO's DOJ and FTC have published papers on this
- ACO's and physicians share money which raises concerns but waivers are available
- Need to focus on quality data
- Potential for false claims based on bad data(IT Data warehouse be aware!!)
- Need to think about Stark and anti-kickback more about co-mingling of money
- Compliance concern needs to be at the table early and often because of the multiple of potential issues.
- ACO has to service at least 5000 members
- Litigation's will be a concern with ACO's if they run a foul of regulations
- Serving people vs. financials concerns are a tightrope
- Compliance is a critical part of making an ACO a success
Thanks for the notes, a session I did not schedule at the conference but certainly of interest.
ReplyDelete