Douglas Chaet, Discusses Provider Incentives for ACO Model Adoption

According to Douglas Chaet, Senior Vice President, Independence Blue Cross, incentives for providers in accountable care organizations (ACOs) should stem from wanting to get an edge on the competition.

“It used to be that if you were a highly-compensated physician organization, or well-compensated hospital or health system, you were really in a good place,” Mr Chaet said. However, in an era of transparency, many of those arrangement types may begin work against them.

Mr Chaet argues that ACO type models will allow providers a useful way to get their “toes wet” in performance-based arrangements.