Health Populi July 13, 2020
Jane Sarasohn-Kahn

“The COVID-19 pandemic…has highlighted like never before the pitfalls of paying for healthcare based on the number of patients seen and services rendered,” a Modern Healthcare article asserted in mid-June 2020.

In other words, the U.S. health care financing regime of volume-based payment didn’t fare well as millions of patients postponed or cancelled procedures and visits for fear of contracting the virus in the halls, offices and clinics of hospitals and doctor’s offices.

“Just imagine if you were 100% fee-for-service,” commented Dr. Fuad Sheriff, a primary care physician whose practice is based on capitated payments. “You would have been dead meat.”

Crowe LLC estimated that U.S. hospitals were losing $1.4 billion a day in March 2020 based...

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Topics: CMS, Govt Agencies, Healthcare System, Insurance, Patient / Consumer, Payment Models, Provider, Public Health / COVID, Value Based
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