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Risk bearing arrangement & capital financing for integrated health systems.
(Archived Project)
Investigator (PI): Conrad, Douglas Alan
Performing Organization (PO): (Current): University of Washington, School of Public Health
Supporting Agency (SA): Agency for Healthcare Research and Quality (AHRQ)
Initial Year: 1997
Final Year: 1998
Record Source/Award ID: CRISP/R03HS09536
Award Type: Grant
Abstract: Risk-bearing arrangements between health plans, hospitals, medical groups and other health care organizations will be documented and evaluated for a sample of medical groups, hospital systems, and health plans/HMOs in Washington, Oregon, and California Risk-bearing arrangements refer to payment methods used by plans with medical groups (full risk capitation, professional services capitation for primary care plus specialty services, primary care capitation, fee-for -service plus a withhold) and other risk/reward structures used by plans (bonuses for surpluses in the "risk pool" for hospital, ancillary, and referral services). These arrangements will be evaluated on the basis of their impacts on health care costs and the efficiency and equity with which the risks are distributed. Alternative capital financing sources for the entities (hospitals, health plans, medical groups) developing integrated health systems will be evaluated: common stock (equity), private equity, private placement of debt, bank loans, public issuance of long term debt, short term debt, retained earnings, and venture capital. Alternative capital sources will be evaluated with respect to their risks, required returns, transaction costs, differential regulatory or other barriers, and the extent to which they contribute to the financial capacity of the entities in building integrated health systems. The principal method is case study, based on interviews within each entity (CEO, legal counsel, chief financial and managed care officers, clinical leadership), systematic document review (of financial statements, pro form as, special reports) and analysis of selected secondary data (equity returns on CRSP tapes). The deliverables from the organizational case studies will include a series of policy papers, a case study monograph for graduate and executive education, and a series of presentations to the participating organizations, emphasizing efficiency and equity implications of alternative risk-bearing and capital financing structures.
MeSH Terms:
  • California
  • * Capital Financing
  • * Capitation Fee
  • Delivery of Health Care, Integrated /*economics
  • Efficiency, Organizational
  • Fee-for-Service Plans
  • Oregon
  • Risk Management
  • Washington
Keywords:
  • behavioral /social science research tag
  • clinical research
  • health administration
  • health care cost/financing
  • health care policy
  • health care service organization
  • health insurance
  • health related legal
  • health services research tag
  • hospital organization/administration
  • human data
  • managed care
  • research support, U.S. Gov't, P.H.S.
  • socioeconomics
Country: United States
State: Washington
Zip Code: 98195
UI: 97300250
Project Status: Archived