ALTERNATIVE PAYMENTS ARE HERE TO STAY
HHS has set a goal of tying 50% of traditional, or fee-for-service, Medicare payments to quality or value through alternative payment models by the end of 2018. (Merit-based Incentive Payment Systems, also known as MIPS, are also included in this initiative).
Healthcare transformation related to the new mandates incentivize hospitals to create alignments with physicians that can be structured for the mutual financial benefit of both surgeons and hospitals. With Syncera, surgeons are equipped with proven implants that have a proven long-term survivorship of 98% at 15 years1,2, interactive surgical staff training and point of care scanning technology designed to improve OR efficiency and implant-related waste reduction, and ongoing training and support for continuous performance management.
2. McCalden R. Synergy Primary Stems. A presentation at the Global Insights Meeting; Copenhagen, Denmark. 2013.
3. Vantage CPS Executive Introduction/Smith & Nephew. Avalere Health. February 2016.
MANY HOSPITALS NEED TO LOWER COSTS TO AVOID PENALTIES
An estimated 60% of all CJR hospitals may face CMS penalties due to their current cost structure.3