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Explore the 2018 Shared Savings Plan designed for MHO Members in nursing facilities, focusing on improving care quality and efficiency in service delivery.
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A shared savings plan example typically refers to a healthcare reimbursement model where providers and payers share the savings achieved through improved efficiency and reduced costs.
Providers participating in a shared savings program, such as Accountable Care Organizations (ACOs), are required to file shared savings plan examples.
To fill out a shared savings plan example, providers must gather relevant performance data, analyze cost savings, complete required forms with accurate information, and submit them according to the guidance provided by the applicable program.
The purpose of a shared savings plan example is to incentivize healthcare providers to reduce costs and improve quality of care by sharing the financial benefits of cost savings with them.
Information that must be reported on a shared savings plan example includes patient outcomes, cost savings achieved, metrics on care quality, and compliance with reporting requirements set by the governing organization.
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