For value-based payment programs to succeed, insurers must provide incentives for providers that involve more than financial rewards.
The Blue Cross Blue Shield Association's plans are spending more than $65 million a year in value-based payment programs that have a high return on investment. In 2012 alone, the plans saved $500 million.
Centers for Medicare & Medicaid Services issued a proposed update to the Medicare Physician Fee Schedule for the 2015 calendar year late Thursday afternoon, which didn't include changes to the sustainable growth rate formula, but revises the Medicare Shared Savings Program.
All healthcare stakeholders are on the same page when it comes to using value-based payments, two leaders from Cigna said yesterday at the National Bundled Payment Summit in the District of Columbia....
As the healthcare landscape continues to evolve, the transition from fee for service (FFS) to value-based reimbursement (VBR) is well underway, according to a study conducted by ORC International, commissioned by McKesson and published Wednesday at the AHIP Institute in Seattle.
Insurers should speed up the adoption of value-based reimbursement so the entire healthcare industry can implement systems-engineering principles that will boost efficiency of care, says a new report from the President's Council of Advisors on Science and Technology.
When it comes to value-based payment, providers aren't sure if they like the new reimbursement model. They're primarily concerned about coordination of care, data accuracy and staff acceptance of the changes.
Healthcare organizations are moving forward with plans for value-based payments and population health management for the upcoming year, according to the Governance Institute's 2013 biennial survey of governance structure and practices in the nation's non-profit hospitals and health systems.
As part of a directive under the Affordable Care Act, Medicare soon will pay physicians, in part, based on the quality and cost of care they provide, The Washington Post and Kaiser Health News
The deal cut by a group of large hospital associations to trim back $155 billion in federal health payment cuts may be in danger if a competing proposal centered around value-based payment gains