RevCycle Intelligence October 24, 2019
The healthcare industry is slowing phasing out fee-for-service payments for alternative payment models (APM), according to the latest APM Measurement Effort report from the Health Care Payment Learning & Action Network (HCP-LAN).
Approximately 25.1 percent of healthcare payments in 2018 were fee-for-service tied to value and quality and 35.8 percent were tied to a bundled payment model, shared savings contract, population-based payment model, or other alternative payment models, the fourth annual report showed.
“While the road to significant payment reform has been challenging and takes time, there is better evidence and support driving more public and private commitment than ever before – including through the LAN,” Mark McClellan, LAN co-chair, said in a press release.
The healthcare industry has been...