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Fact Based List:
Jasmine DeSilva: 6 ways private health plans could mitigate provider revenue loss in the wake of Covid-19
Submitted By Charlene Ice, Created 04/17/2020 - 14:48
- Amend value-based care contracts mid-term using a unilateral amendment clause, if the contract permits.
- Disregard performance data from the crisis period.
- Pause downside risk for 2020 and likely 2021.
- Cap or reduce shared losses through risk corridors.
- Use a previous year’s performance data to calculate 2020 payment.
- Make no changes, but hold on reconciliation at the end of the performance period.
Source: Advisory Board, April 14, 2020
Source URL: https://www.advisory.com/research/health-plan-advisory-counc...
Notes: Author acknowledged input from Jackie Selby from Epstein Becker & Green, P.C. and Faegre Drinker Biddle & Reath law firms.