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Joint Venture Health Plans May Give ACOs a Run for Their Money.

07:00 EST 1st December 2016 | BioPortfolio

Summary of "Joint Venture Health Plans May Give ACOs a Run for Their Money."

Joint venture plans are starting to demonstrate their ability to implement clinical management and financial management reforms. A JV health plan replaces the offloading of financial risk by health plans to ill-equipped providers with an executive-level cost management committee stated jointly by the hospital and payer.

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This article was published in the following journal.

Name: Managed care (Langhorne, Pa.)
ISSN: 1062-3388
Pages: 35-37

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State plans prepared by the State Health Planning and Development Agencies which are made up from plans submitted by the Health Systems Agencies and subject to review and revision by the Statewide Health Coordinating Council.

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Method of charging whereby a physician or other practitioner bills for each encounter or service rendered. In addition to physicians, other health care professionals are reimbursed via this mechanism. Fee-for-service plans contrast with salary, per capita, and prepayment systems, where the payment does not change with the number of services actually used or if none are used. (From Discursive Dictionary of Health Care, 1976)

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