RevCycle Intelligence December, 2017
The transition from fee-for-service to value-based care reimbursement has serious implications for healthcare revenue cycle management.
Not only do value-based care models aim to make healthcare providers more accountable for the services they provide to patients, but they are also designed to shift financial accountability away from payers to healthcare organizations. However, many providers are left wondering how to align their healthcare revenue cycle management strategies with value-based reimbursement arrangements.
In a June 2016 survey conducted by Health Catalyst, less than one-quarter of hospitals reported that they are on track to achieve the goal set by the Department of Health and Human Services (HHS) to tie 50 percent of Medicare payments to a value-based payment model by 2018.
While value-based...
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