Resource allocation methods use mathematical optimization techniques to identify the allocation of healthcare dollars between a set of alternatives, according to a new infographic by RTI Health Solutions.
The infographic examines how different players in the public health and healthcare system benefit from resource allocation methods.
A laser focus on population health interventions and processes can generate immediate revenue streams for fledgling accountable care organizations that support the hard work of creating a sustainable ACO business model. This population health priority has proven a lucrative strategy for Caravan Health, whose 23 ACO clients saved more than $26 million across approximately 250,000 covered lives in 2016 under the Medicare Shared Savings Program (MSSP).
Profiting from Population Health Revenue in an ACO: Framework for Medicare Shared Savings and MIPS Success examines Caravan Health’s population health-focused approach for ACOs and its potential for positioning ACOs for success under MSSP and MACRA’s Merit-based Incentive Payment System (MIPS).
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Tags: healthcare resource allocation, healthcare spend, healthcare spending
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