With the introduction of MACRA and the start of reporting this year, physicians may be worried about their thin profit margins getting even thinner.
Clinically integrated networks are a legal structure with benefits that extend beyond the bottom line.
The twin goals of data accessibility and protection fall under multiple laws and regulations. One of the most important requirements for healthcare providers and others who manage patient data is ensuring there are no instances of information blocking, as outlined in the 21st Century Cures Act.
By adopting certain standards and structures, you can maximize your ability to share data securely and easily while avoiding information blocking.
By leveraging the benefits of a CIN to lower costs and improve care, healthcare corporations can reduce benefits costs and enhance the quality of life for their employees, while opening up new revenue streams through referrals from partnered physicians.
A clinically integrated network, or CIN, can provide substantial value to your specialty practice or provider group. When you fully leverage the capabilities of a CIN, you can achieve higher standards of patient care, and maximize earnings by qualifying for incentives that increase your year-end revenues.
Creating or joining a CIN is no small task, you need to have your toolbox fully stocked for a smooth transition.
The reward of creating a Clinically Integrated Network that functions at peak efficiency is enabling healthcare providers to communicate with one another so there’s greater coordination throughout the continuum of patient care.
While all ACOs are essentially CINs, not all CINs are ACOs. Although the two networks have many upfront similarities, it’s the details that can help to understand how a CIN can be the platform for building an ACO.
A high-quality healthcare experience – both for patients as well as physicians – rests on three pillars: patient satisfaction, ongoing improved health outcomes and cost containment