MedCity News November 7, 2024
Katie Adams

Value-based care contracting is especially difficult for behavioral health providers, Taft Parsons III, chief psychiatric officer at CVS Health/Aetna, pointed out during a conference this week.

The healthcare industry is slowly moving away from fee-for-service care models and toward value-based care — but contracting in these arrangements remains especially difficult for behavioral health providers, according to Taft Parsons III, chief psychiatric officer at CVS Health/Aetna.

He highlighted this issue during a panel discussion on Tuesday at the Behavioral Health Tech conference in Phoenix.

Parsons noted that his company owns Oak Street Health, a network of value-based primary care centers for adults on Medicare.

“[Oak Street] takes on total global risk. We contract with lots of providers on the Aetna side...

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Topics: Insurance, Mental Health, Payer, Payment Models, Provider, Value Based
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