Accreditation The American Medical Directors Association (AMDA) is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians. Designation Statement: The American Medical Directors Association designates this educational activity for a maximum of 1.0 AMA PRA Category 1 Credit(s)™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
AMDCP Credit Designation: This session has been approved for a total of management 1.0 credit hours toward certification as a Certified Medical Director in Long Term Care (CMD).
Session Description: This session will review the various models of Bundled Payments and Accountable Care Organizations, emphasizing the implications for long term care in the near future. Because “form follows financing,” these changes will require organizational changes in how medicine is currently practiced if nursing homes and home care agencies are to survive. Potential strategies to manage changes will be discussed.
Contrast financing models with Bundled Payments and ACOs with the current reimbursement system.
Identify at least three significant impacts on current practice in long term care.
Identify at least three potential strategies to deal with these impacts.
Speaker(s): Jeffrey N. Nichols, MD
Reference(s): 1.My Dear Dr. Jeff column in Caring for the Ages July 2012 page 5 2.From HMOs to ACOs: The Quest for the Holy Grail in U.S. Health Policy by Theodore Marmao and Jonathan Oberlander; Journal of General Internal Medicine February, 2012 3. The CMS website on this at www.innovations.cms.gov/initiatives/bundled-payments/index.html