Define and discuss independent practice associations.

Expert Solution

Definition of Independent Practice Associations- An independent medico association (IPA) could be a business entity organized and owned by a network of independent physician practices for the aim of reducing overhead or following business ventures like contracts with employers, responsible care organizations and managed care organizations. There are substantial opportunities for innovation in delivery system modeling and profit style within the creation of physician networks. Specifically, creation of follow networks involving medical homes might accelerate vital and necessary changes in health provision.

In other words, this a type of health maintenance organization (HMO) within which individual practitioners see patients registered within the HMO however additionally treat their own patients who don't seem to be HMO participants. Compensation to the doctor relies on either a per-patient fee or a reduced fee schedule.

Nightingale answered 1 year ago

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