Medical Economics April 17, 2024
Health care system transformation and the push to value-based care contracting is a journey
What is the transformation and what is the value-based care journey, how is the financial system in health care changing, and how does that change impact health care practice?
The health care system has been steadfastly forging ahead toward a value-based care (VBC) reimbursement model over the past several years. As we enter the seventh year of Medicare’s Quality Payment Program (QPP) and continue to see new alternative payment models (APMs) implemented and tested by both CMS and the private payers, it’s clear we are still in the early phases of this complex journey.
These reimbursement model changes are redefining the role of the physician practice....