Health Affairs August 9, 2018
For many years we have heard health care policymakers from both political parties opine about the need to move to a health care system that pays for the value of care delivered to patients, rather than the mere volume of services. While disagreements may arise on how we get to value, the need for this transformation is not in dispute.
This need is born from the reality that our health care spending is growing at an unsustainable rate. If we continue on our present path, by 2026 we will be spending one in every five dollars on health care. This will crowd out other public funding priorities like public safety, infrastructure, national defense, and education. It will also strain small...
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