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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.
Patient-centered medical homes are more likely to improve quality of care and reduce costs when they're coupled with value-based insurance designs. Other necessary ingredients include effective clinical information support systems and a strong cross-organization infrastructure, according to a Health Affairs blog post.
As insurers launch various types of value-based contracts, including accountable care organizations, patient-centered medical homes and bundled payments, could they be paying shared savings for the same patient to more than one provider?
Premera Blue Cross believes it has found a way to transition from the fee-for-service payment model toward the newer value-based system--a global outcomes contracting program.
Based on interviews with 39 health insurers, 82 percent of respondents consider developing new payment models a "major priority" for their organizations.
Blue Cross Blue Shield of Michigan's attempt to lower costs by incentivizing quality is hitting a roadblock as contract negotiations with Beaumont Health System continue to break down. The outcome of
The healthcare industry is aflutter with transformation and if health plans don't properly adapt to those changes, they won't be able to compete in the new environment. That's what Lawrence Bridge,
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