BCBS of Michigan to Reward Specialists for Improving Quality, Lowering Costs

Blue Cross Blue Shield of Michigan has decided to financially reward all specialty physicians in its provider network if they make quality improvements and reduce costs of care, according to a Crain's Detroit Business report.

The physician group incentive program is six years old, but the addition of specialists is a new development to encourage closer collaboration among all physicians. An unspecified number of specialists, including podiatrists and chiropractors, will be added to the program that has earned physicians more than $75 million in bonus payments since its implementation.  

BCBS of Michigan will launch its accountable care organization in 2013. A BCBS Michigan spokesperson said approximately 5,330 physicians in 39 groups have expressed interest in participating in the ACO.

Read the Crain's Detroit Business report on Blue Cross Blue Shield of Michigan.

Related Articles on BCBS of Michigan:
BCBS of Michigan to Spend $170M to Enlarge Medicaid Coverage
BCBS of Michigan Appeals Judge's Denial to Dismiss Antitrust Lawsuit
BCBS' $175M in Reserves Subject of Highmark Merger Bill

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months