News | Medical Group of Pennsylvania

In March of 2010, Title VI of the Affordable Care Act effectively prohibited new development or expansion of existing Physician Owned Hospitals (POH). This stifled a thriving healthcare segment that had a 3-4-fold increase over the preceding decade. Shortly thereafter Centers for Medicare and Medicaid Services (CMS) began its Hospital Value Based Purchasing Program. CMS began rewarding acute care hospitals with incentive payments for quality care. Parameters measured include patient safety, patient experience, clinical care, efficiency and cost reduction. Direct comparison of hospitals became more readily available to the public.

Cost. Quality. Value.

These are just a few of the buzz words we hear on national television in regards to our health care system every day. Affordable, high quality care is a concept that speaks to both clinicians and patients alike. Yet despite the hype, the concept of bringing value to consumers remains elusive to many independent providers. The harsh realities of multiple system complexities make it difficult for providers to help patients find true value for their hard-earned dollars. Combine that with skyrocketing premiums and annual deductibles, it can make defining the value proposition nearly impossible…. Nearly…