The Southern California chapter of the Healthcare Financial Management Association (HFMA) invited L.A. Care CEO John Baackes to be a keynote speaker at its Summer Symposium on Monday, July 13, which will be a virtual event this year. Baackes will be discussing L.A. Care’s Value Initiative for IPA Performance (VIIP), a scoring tool that L.A. Care launched in 2016 to assess the performance of Independent Physician Associations that contract with the health plan.
As health insurers move toward a value-based care model, it is more critical than ever to deliver effective, high-quality care to members. But in markets like L.A. County, where the delegated provider model is prevalent, it can be a daunting challenge.
That’s why L.A. Care developed VIIP, a set of metrics to assess the performance of its contracted provider groups, with the goal of achieving a high-performing network and ensuring the highest possible reimbursement rates in the transition to value-based contracting. Providers are scored on five metrics. They are Access and Availability, HEDIS scores, Member Satisfaction, Utilization and Encounter Timeliness.
The So-Cal HFMA Summer Symposium is a five-day virtual event with a line-up of high-profile speakers. Some of the other topics to be discussed during the symposium are price transparency, California health-related legislation, and the 340B drug-pricing plan.
This year, for the first time, So-Cal HFMA will donate all proceeds from the event to a charity. All proceeds from this event will go toward Urban Voices Project, a nonprofit that uses a holistic approach, including music and choir, to engage and improve health outcomes for individuals coping with homelessness. L.A. Care is also a proud supporter of Urban Voices Project.
About L.A. Care Health Plan
L.A. Care Health Plan serves more than 2.1 million members in Los Angeles County, making it the largest publicly operated health plan in the country. L.A. Care offers four health coverage plans including Medi-Cal, L.A. Care Covered™, L.A. Care Cal MediConnect Plan and the PASC-SEIU Homecare Workers Health Care Plan, all dedicated to being accountable and responsive to members. As a public entity, L.A. Care’s mission is to provide access to quality health care for L.A. County's low-income communities, and to support the safety net required to achieve that purpose. L.A. Care prioritizes quality, access and inclusion, elevating health care for all of L.A. County. For more information, follow us on Twitter, Facebook, LinkedIn and Instagram.