Financial Model for Sustaining Family Medicine and Primary Care Practices
July 2004
Future of Family Medicine Task Force Six
Lewin contact: John Sheils
The Lewin Group was retained by the Future of Family Medicine (FFM) Task Force Six to assist in developing a financial and reimbursement system for a New Model of Family Medicine (NMFM). Through a series of five task forces, the FFM project identified the core values of family medicine and developed a new model of practice. In this paper, The Lewin Group considers the financial implications of the NMFM. We conducted two types of analyses. First, we simulated the impact of the NMFM on a family physician practice's revenues and costs within the current fee-for-service reimbursement environment. Second, we evaluated alternative reimbursement mechanisms conducive to the NMFM.