Financial Incentives As Healthcare Cost Containment

In today’s uncertain healthcare environment, many payors and providers are looking to increase profits without increasing risk.

Financial incentives as healthcare cost containment measures are one way to do this. If implemented properly, financial incentives as cost containment solutions can improve the bottom lines of both payors and providers.

Also referred to as Physician Incentive Plans (PIP), financial incentives used as healthcare cost containment are compensation agreements between HMOs, CMPs, or other provider organizations and a doctor or group of doctors tied to the meeting of performance criteria.

Financial incentives as healthcare cost containment are all about controlling risk! By passing more of the risk onto doctors, healthcare payor organizations are protecting themselves and their financial positions. So far these types of agreement seem to be working well, but there are concerns being raised over them. One of the biggest concerns with financial incentives as healthcare cost containment is that patient care may suffer as doctors/ physicians may be more inclined towards meeting performance goals rather than doing what is best for patients.

At A&G HealthCare Services we understand the needs of both healthcare payors and providers. We are nationally recognized healthcare cost containment specialists that understand the policies, regulations, and procedures influencing healthcare financial management decisions. As experienced industry professionals, we understand the need for healthcare cost containment solutions that keep pace with the current demanding healthcare environment.

Our clients typically save anywhere from 15% to 50% using our healthcare cost containment solutions and financial incentives! We are experts highly proficient in the areas of medical billing reviews, out-of-area/ out-of-network claims, negotiated discounts, medical audits, and healthcare funding. Utilize our healthcare cost containment solutions/ services and reap the benefits of reduced costs, streamlined operations, and improved profits.

A&G belongs to one of the largest medical networks in the U.S. and has access to 55,000 hospitals/ clinics and more than 1-million healthcare providers. Through our extensive network, we offer fully HIPAA compliant, EDI ready solutions/ services tailored to meeting the needs of both healthcare payors and providers.

To learn more about our financial incentives as healthcare cost containment solutions, please call 972-312-8589 x112 or email info@aghealth123.com.