As experts and thought leaders in the healthcare arena, Coker Group associates frequently write articles to help our readers better understand and navigate through the industry’s foremost issues. Below are a few of our recent articles, several of which appeared in the industry’s top publications.
Clinical Integration: What Hospital Board Members Need to Know
By Ellis “Mac” Knight, MD, MBA, Governance Institute E-Briefing
The Governance Institute’s March 2017 E-Briefing – Volume 14, No. 2 published an article written by Coker’s Senior Vice President/CMO, Dr. Ellis “Mac” Knight. Clinical integration is a key ingredient as providers attempt to re-tool care processes and procedures to operate successfully in a reimbursement environment moving towards value-based payments. This article looks at organizing providers around value-based care delivery and the key components of a clinically integrated network.
Read the full article here.
The uncertainty of the implied certification theory
By Daniel Kiehl, JD, LLM, Compliance Today
The March 2017 issue of HCCA’s Compliance Today published an article written by Coker Associate Consultant, Daniel Kiehl. The article addresses the following:
- The False Claims Act prohibits submitting false or fraudulent claims to the government.
- The Supreme Court in Escobar did not define what it determines to be a material misrepresentation.
- The appellate court circuits were split in regards to the scope of the implied certification theory.
- Escobar does not consider whether the misrepresentation involves a condition of payment.
- The False Claims Act provides for triple damages for violations.
Read the full article here.
Aligning Physician Compensation in a Value-based World
By Keith L. Martin, Physician Practice
On October 28, 2016, Physician Practice spoke with Justin Chamblee, CPA, Senior Vice President and Jon Morris, JD, MBA, Manager at Coker Group about compensation changes and how practices can move forward “with minimal impact to physicians and daily operations.” Below is the beginning of this discussion. For the full article click here.
Employed Physician Network Turnaround
By Jeff Gorke, MBA
Coker Group’s article, Employed Physician Network Turnaround: A Roadmap to Financial Success, was recently featured in AHLA’s 2015 Healthcare Transactions Resource Guide and appeared as the resource guide’s headlined article in AHLA’s newsletter. Take a look at the article for valuable, tested advice on how to successfully integrate an EPN into a health system’s organizational structure.
Repositioning from IPA to CIN
By Max Reiboldt, CPA and Ellis “Mac” Knight, MD, MBA
(Featured in May 2015 by Becker’s Hospital Review)
As the healthcare industry moves slowly but inexorably toward a more value-based reimbursement environment, many independent physician associations (IPAs) are looking at becoming clinically integrated networks (CINs). The difference between these two entities is not a matter of mere semantics. Instead, the distinction gets to the core of which model better allows physicians and other healthcare providers to enter into value-based contracts with confidence and perhaps become full-fledged population health managers.
The transition, however, is not easy nor is it without risks. This article will hopefully clarify much of the confusing nomenclature used in this area and provide the reader with a valuable roadmap to guide them through this often very complicated transformation process.
Physician Compensation in an age of Decreasing Reimbursement: A New Perspective on the Median
By Justin Chamblee, MAcc, CPA
(Featured in a 2014 issue of HFMA’s hfm publication)
The current trends of hospitals heavy (and oftentimes sole) use of benchmark data in establishing physician compensation is inadvertently increasing physician compensation, presenting a situation that is likely to undergo mounting scrutiny in an environment under pressure to lower costs. The merits and consequences of using benchmark data, focusing on median compensation per wRVU ratio, to build a compensation model and its long-term feasibility are examined in this paper. Also presented are modifications that can be made when developing wRVU-based compensation models that will address the issues of using benchmark data to derive compensation that aligns with productivity levels and general market trends.
Hot, Emerging HCIT Tool and Trends
The Pace Quickens
By Jeffery Daigrepont, EFPN
(Featured in the January, 2014 Edition of AMGA Group Practice Journal)
Health systems and clinics of every size are preparing for an accelerated pace for healthcare information technology (HCIT) adoption and implementation, which will increase influence in every part of the clinical, financial, and operational workflow. This article addresses the five emerging tools/trends where acceleration will be most profound and necessary for future viability and participation in quality care initiatives.
Three Rights Equal Value
A Success Formula
By Ellis “Mac” Knight, MD, MBA, Jeffery Daigrepont, EFPM, and Nilam Patel, MPH
Three critical requirements in developing an IG framework include establishing a team, defining key performance indicators (KPIs) by roles, and implementing a protocol. This article details how to go about putting in place these key components and outlines a roadmap for achieving a sustainable IG initiative.
ACO/MSSP CMS to Increase Participation in the Shared Savings Program
By Ellis “Mac” Knight, MD, MBA, max Reiboldt, CPA, and Nilam Patel, MPH
The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule on December 1, 2014, to improve the Medicare Shared Savings Program (MSSP). The changes will take effect in 2016 and aim to improve the rules and regulations of the overall program. The proposed rule will affect all accountable care organizations (ACOs) considering MSSP and those already participating in the program.