As you read through this first quarterly newsletter for 2017, you’ll find that the team at Signature Partners has been incredibly busy as we continue to develop the network in an effort to bring added value to our physician members while striving to drive improvements in quality and cost of care. Perhaps most importantly, with 2017 being the first reporting year under MACRA, we have been developing our strategy for how to position our providers to maximize their performance under this new governmental program. As you’ll read in greater detail below, all providers within Signature Partners Medicare Shared Savings Program (MSSP) will meet the reporting requirements under MIPS in 2017, thereby avoiding a penalty and being eligible for a fee schedule increase of between 0.1% – 4.0% in 2019. We are also in the process of evaluating various “advanced alternative payment models” for 2018, and will likely be applying to begin a track 1+ MSSP. We’ll have more information on these programs in the coming weeks and months.
I am also pleased to announce that at the beginning of the year, Signature Partners became a member of CAPG, the largest national association of physician groups with over 250 large physician groups and networks from around the country, several of whom have been engaged in risk contracting for many years. As a member of CAPG, we will be participating with their annual Standards of Excellence certification program, which will help us assess our strengths and weaknesses as a clinically integrated network, and how we compare to our peers. One of the other values is access to a variety of educational programs and webinars which we will be able to make available to our providers.
As you know, one of the foundational reasons for developing a clinically integrated network is to drive improvements in quality, cost and experience of care, thereby bringing value to patients and payers. We’re very proud to announce that Signature Partners has earned the trust of Johns Hopkins Health Care to become their first and only provider network in Northern Virginia, allowing them to market their Uniformed Services Family Health Plan (USFHP), which is an exclusive agreement with the Department of Defense for a TRICARE “Prime” product. This spring, Signature Partners and Johns Hopkins Health Care will begin jointly marketing this product to over 100,000 TRICARE members in Northern Virginia, bringing new patients and opportunities to earn value-based payments to our providers.
Lastly, we’re excited to announce that Signature Partners has executed a contract with athenahealth® for their electronic medical record and revenue cycle platform, which we can now offer to our providers at a very competitive rate. athenahealth® is a top ranked ambulatory EMR and billing platform that will not only help providers succeed in their day-to-day practice operations, but will also help Signature Partners succeed in the area of population health, as we will be better able to capture key quality and utilization metrics. For more information on how to learn more about athenahealth®, please see below.
Thanks to all of you for your participation and engagement.
Matt Poffenroth, MD, MBA
CEO/CMO, Signature Partners
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