Managed Healthcare Executive June 13, 2019
Provider compensation models will need to evolve to drive the right focus on clinical outcomes, according to one expert.
“Value-based care emphasizes clinical outcomes and tries to align reimbursement to these outcomes. This is obviously a shift from historic fee-for-service models of payment. The biggest implication for healthcare executives is that the economics of healthcare delivery are changing. For those who cannot evolve, they will be stuck in a fee-for-service world that is shrinking and less profitable,” says Bret Connor, chief customer officer for athenahealth.
According to a report from the Health Care Payment Learning and Action Network (HCP-LAN), part of HHS, the percentage of healthcare payments tied to value-based care reached 34% in 2017, up 23% from 2015. This includes shared savings,...