Only 11% of insurers' payments to providers tied to quality
Only about 11 percent of insurers' payments to hospitals and physicians are tied to quality and efficiency of care, FierceHealthcare reported. The rest of insurers' reimbursements are traditional fee-for-service or bundled payments, according to the Catalyst for Payment Reform's scorecard on payment reform.
"The scorecard reveals that we make the vast majority of payments for health care on a fee-for-service basis without any rewards for quality and efficiency. We know traditional fee-for-service payment creates incentives for waste and inappropriate care," Suzanne Delbanco, executive director of the Catalyst for Payment Reform, said in a statement. The group called for insurers to increase their value-oriented reimbursements to 20 percent of all payments by 2020. >> Read the full article at FierceHealthcare