East Lansing, Mich.-based consulting firm Medical Advantage Group is launching a consortium to provide Ohio physicians with the business and clinical tools they need to survive in an era of value-based medicine.
The Consortium of Independent Physician Associations, backed by the Ohio State Medical Association, will provide a framework for independent physicians in Ohio to band together and better manage the transformation to value-based care. The resources provided by CIPA include practice assessments; group purchasing; an accountable care organization; billing and coding consulting; EHR selection, implementation and optimization; revenue cycle management; HIPAA consulting; value-based contracts; a patient-centered medical home; and training and education seminars.
Medical Advantage Group has managed a CIPA group for independent physicians in Michigan since 2005. The program there includes 1,200 physicians across a variety of practice structures and in both rural and urban areas.
"CIPA 'connects the unconnected' physician and facilitates their participation in incentive programs while providing the vital infrastructure support to maximize reimbursements in value-based contracts," Medical Advantage Group CEO Paul MacLellan said in a statement. "Leveraging the endorsement and support of the OSMA, we are committed to make a difference for physicians in Ohio. In Michigan last year, we helped our CIPA members earn $17 million in additional practice revenue from fee schedule increases and financial incentives."
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