Society of Actuaries Report Examined Application of Risk Adjustment within Health Episodes as a Tool for Evaluating ACO Cost Efficiency
A new study from the Society of Actuaries (SOA) released today finds that risk adjustment, a statistical method used to explain differences in medical costs between patients, can be an effective tool to help evaluate how effectively Accountable Care Organizations (ACOs) manage factors not related to patient health, such as physician practice patterns and patient preferences. "Evaluating ACO Efficiency: Risk Adjustment within Episodes" is the third in a series of SOA-commissioned studies that examine specific aspects of reform under the Affordable Care Act (ACA). ... |