443 Providers sign up for the CMMI Oncology Care Model including numerous providers in Florida. The Oncology Care Model is a new payment model for physician practices administering chemotherapy. Practices receive reimbursement via an episode based payment model that incentivizes high quality coordinated care. Letters of Intent from payers (several of which are Florida payers) wishing to participate in the new model were submitted and Letters of Intent from providers wishing to participate were also submitted. A list of those payers and providers who submitted LOIs can be found at http://innovation.cms.gov/initiatives/Oncology-Care/ .
If you would like to learn more about value based payments for your practice, Attorney Valerie Shahriari is offering a free webinar on June 24, 2015. Registration is now open: “Preparing Your Practice for an Incentive Based Payment Structure”
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