CHI St Alexius Health is Getting Better.
The faith-based non for profit hospital is changing the way physicians are being compensated.
The new model of contracts the hospital is transitioning to is a compensation model aligned with quality, patient satisfaction and other factors consistent with value-based health care.
According to CHI St Alexus Health:
“CHI St. Alexius Health is continuing its previous work in moving forward with transitioning arrangements that have been in place, some of them for many years. Health care has changed significantly over the past decade with increased attention on aligning performance with quality standards and value. This is an important next step in a process that started several years ago, and we discussed the planned transition with these physicians last July. We will align our arrangements with various federal programs including those under the Medicare Quality Payment Program mandated by Medicare Access and CHIP Reauthorization Act (MACRA), and payment reform implemented by Medicare and other payors linking physician, hospital and other reimbursement to quality and value as consistent with value-based health care payment systems,” said Kurt Schley, CHI St. Alexius Health president.
CHI St Alexis has been part of the Bismarck Community for more than 133 years and has been rated the best hospital in North Dakota for 2 consecutive years and 5 out of the last 6.