Healthcare Innovation April 6, 2021
The agreement targets moving to 70 percent of payments that follow advanced value-based payment methods by 2024
More than 40 healthcare organizations based in Oregon have committed to advancing the adoption of value-based payment across the state.
In 2019, the Oregon State legislature created the Sustainable Health Care Cost Growth Target Implementation Committee and charged it with identifying mechanisms to lower the growth of healthcare spending in Oregon to a financially sustainable rate. Now, as part of that legislatively mandated initiative to contain growth in healthcare costs, payers and providers are working together to advance payment reform and move to value-based payments (VBP).
In January 2021, the Implementation Committee approved recommendations, including a set of principles to increase the...
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