From Dr. Tom's Desk
Here are the results of a recent survey of healthcare executives courtesy of the unequaled Becker’s Hospital Review:
“For the survey, researchers polled 90 executives from major health systems. Of those 90 respondents, 27 percent plan to launch a Medicare Advantage plan in the next four years. However, only 29 percent of respondents with those plans are optimistic their organizations will be successful with the efforts.”
If you know one of these pessimistic executives and feel like giving them $100m in free revenue, share this next part with them.
- Risk-share with your primes
- Educate them in how the contract works
- Create an environment wherein they can innovate how they can deliver efficient care.
There are vendors that will charge huge sums to help them set up a Medicare Advantage plan, but they’ll never give you any advice as valuable as that.
Share it and look wise.
Bonus Preening
I wrote in this space one month ago about the incredible opportunity the new Veterans Healthcare Freedom Act will offer to your Medicare Advantage performance. It looks like CarePlan Health in Florida took my advice.
Similarly, my prediction about private equity homecare companies coming for your Medicare Advantage revenue, is also manifesting, though much faster than I thought.
Being a national thought leader is tough---especially one that can so accurately predict the future. but so far, I’m doing an amazing job.
Thanks for coming along on the ride.
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