Health Payer Intelligence March 27, 2020
Payers and providers must align their definitions of value and communicate more effectively to succeed in value-based care, according to Xtelligent Healthcare Media’s recent Value-Based Care Assessment.
The healthcare industry is moving away from fee-for-service reimbursement. Healthcare professionals recognize that this payment structure is fraught with misuse and overuse, incentivizing providers to perform more care when less care may actually be advised. In this environment, many providers are practicing defensive medicine rather than focusing on the holistic care of their patients.
Many alternative payment models have emerged as possible solutions to adopt value-based care. But these oftentimes complex reimbursement models require high levels of collaboration between payers and providers to align goals and incentives, understand their patient population, and define...
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