Health Affairs June 17, 2021
During the past year, the pandemic strained the entire health care system. Many health care providers experienced significant disruptions with reductions in use and lower revenue. Some providers were able to weather the crisis by relying on the organizational competencies they had built for value-based payment models. Providers in more advanced payment models had more financial resilience against the reductions in in-person volume.
Now that the pandemic is starting to wane, concerns about health care spending are returning. We are now at a point where the Medicare Trust Fund is closer than ever to exhaustion, while enrollment in Medicare and Medicaid has continued to grow. Prior to the pandemic, experts estimated that Medicare expenses would grow more than 7...
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