Modern Healthcare July 13, 2020
As COVID-19 empties out doctors’ waiting rooms, the pandemic could trigger a big change in how health care is delivered and paid for in the U.S.
Physicians groups have done well financially under the traditional fee-for-service payment model, in which doctors are reimbursed for each medical service provided. But it’s only lucrative if patients are getting treated.
As people avoid in-person care during the pandemic, tanking doctors’ revenues, some primary care physicians will turn to so-called value-based arrangements—many of which offer a fixed amount to keep patients healthy. It’s a fresh twist on the oft-criticized health maintenance organizations, or HMOs, that were popular in the 1970s and 1980s.
Walgreens Boots Alliance this month made a big bet on the shift...