This week, we continue to focus on the star ratings new role in terms of Medicare and their reimbursement levels. The Academy of Managed Care Pharmacy published this every detailed White Paper which looks at how the new star ratings are directly impacted by the performances of the pharmacies. The shift towards integration leads to Pharmacies having a large impact on the actual star rating. For more, read the White Paper Framework for Improving Medicare Plan Star Ratings.In this week's Session spotlight for The Medicare Congress, we look at the session "Determining Cost Efficiencies, Financial Implications and Market Strategies for Future Stars Success" presented by Charles J. Russo, Regional Vice-President: Tennessee & Virginia, Medicare & Retirement, United Healthcare. For more information on this session and the rest of the program, download the agenda. If you'd like to join us in Phoenix this coming February 11-13, 2013, register today and mention code XP1807BLOG to save 15% off the standard rate.
Featured Session: Determining Cost Efficiencies, Financial Implications and Market Strategies For Future Stars Success
Featured Speaker: Charles J. Russo, Regional Vice-President: Tennessee & Virginia, Medicare & Retirement, United Healthcare
About the Session: Once you get a 3.0 star rating, the financial implications of changing your rating play a very important role in the future of your business. Learn how to increase star ratings in the following ways:
- • Measure how much a half star rating or one full star improvement will impact your business
- • Learn which measurements carry the most weight when CMS scores your plan
- • Evaluate the costs/contracting strategies associated with raising some of these highly weighted measures
- • Building a quality infrastructure within your organization that will meet the long term needs of the Stars Program
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