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CVS Health Exec: Payers Need to Stop Making Behavioral Health Providers Jump Through Hoops In Order to Participate in Value-Based Care
MedCity News November 7, 2024
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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