P3’s services are based on the conviction that the best way forward for the US health system is to enable physicians take the lead in care provision. We provide expert services to all types of physicians and physician-led ACOs so they can institute new operating models that change how care is accessed, delivered and financed. We offer a full set of strategic and management services, from in-depth analysis of the opportunity in a given market through the operation of an ACO’s Managed Services Organization.
The physician-led ACOs we form and manage put people at the center of care and enable physicians to play the leading role in how care is delivered and paid for, to control the budget, and to share in cost savings. They include becoming a Provider-Sponsored Health Plan, providing collaborative care across an integrated, multi-specialty network of providers and partners, and gaining access to a technology platform that facilitates data sharing and analysis. As a result, physicians can focus on providing care while business people run the ACO’s operations to eliminate wasteful spending and generate savings while care quality is maintained and improved.
Some of the ways savings are achieved are by shifting care to less costly settings, taking advantage of scale to realize greater volume discounts, and making it easy for everyone who is involved in a person’s care to collaborate and communicate. Participating physicians are eligible for incremental Medicaid Part B revenue streams for their patients with chronic conditions and other income-increasing opportunities.
With this disruptive model, physicians are in the lead, care outcomes are improved, the costs of providing care are lowered, and physicians have multiple opportunities for new revenue streams.
Our customers and partners include:
Primary care and specialty physician group practices
ACO operators
Peri-acute and post-acute providers, including home health, home hospice, and personal care agencies and other community-based care services providers
Labs, pharmacies, and other suppliers to the healthcare ecosystem, including technology suppliers
Facility-based providers including SNFs, IRFs, LTCHs and hospices who are open to new operating models
Senior living providers including CCRCs, Independent Living, and Assisted Living
Payers
Investors including REITs and other strategic capital providers
Our expert services are offered in packages and separately. At a high level, we:
Provide market analysis and strategic counsel,
Recruit physicians into Independent Practice Associations (IPAs) and physician-led Accountable Care Organizations (ACOs),
Convene comprehensive, integrated, high-quality multi-specialty networks,
Advise, collaborate with, and provide management services to ACOs, and
Deploy innovative financial and operating strategies that enable doctors to control care delivery, share in the savings they generate, increase their income streams, and have new investment opportunities – all while being insulated against downside risk.
Among the specific services we perform are:
Physician-led ACO glide path strategy, tactical and implementation planning
Strategic market opportunity and risk analysis: Actuarial Review, Total Cost of Care determination, and financial projections
Population health review and analysis of expected costs vs. benchmarks
IPA and ACO formation, including physician recruiting
Peri-acute and post-acute provider partner network contracting and management
Physician/Partner network alignment and clinical integration
Physician-led, evidence-based care pathway redesign and implementation
Advanced technology selection and adoption
Alternative Payment Model public and payer contracting, design and implementation
Financial risk management (stop-loss insurance placement/Managing General Underwriter)
Sources of funds/Capital financing
Ongoing operation and management of the ACO’s Managed Services Organization
Ongoing operation and management of the Health Plan associated with the ACO
You can contact us by email here or by calling us at (203) 520-9471.