Physicians Practice November 30, 2022
Physicians Practice Staff

Although value-based payment models offer several advantages compared with fee-for-service models, practices are sometimes reluctant to try them due to concerns about the additional documentation and workflow changes they require.

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INTRODUCTION

Health care in America traditionally is paid on a fee-for-service basis, with doctors billing and getting reimbursed for each service they provide. But in recent years, growing numbers of doctors and payers have been experimenting with value-based payment models, under which doctors are paid based on how well they care for patient populations while controlling costs.A 2020 survey by the Health Care Payment Learning & Action Network found that slightly more than 60% of health care payments included some...

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Topics: Conferences / Podcast, EMR / EHR, Health IT, Payment Models, Provider, Technology, Trends, Value Based
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