MedCity News April 5, 2021
A group of healthcare stakeholders in Oregon signed a compact that aims to spread advanced value-based payment models across the state. Though it is not legally binding, the agreement sets a target to tie 70% of healthcare payments to value within the next four years.
Transitioning to value-based healthcare requires collaboration across the various sectors of the industry. To that end, healthcare stakeholders in Oregon are signing a pact to support the implementation of value-based payment models.
Forty-one healthcare entities — including Oregon Health & Science University, Regence BlueCross BlueShield of Oregon and the Oregon Medical Association — have signed the Oregon Value-based Payment Compact.
Though it is not a legally binding document, the compact represents a commitment by payers...
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