Healthcare Finance News February 7, 2024
The state has seen some success in overhauling its provider payment structure in a push to advance value-based care.
Nestled between New Hampshire and upstate New York, Vermont is a quiet, mostly rural state.
But it’s the site of a federal test of an alternative payment model in which the most significant payers from throughout the state – Medicare, Medicaid, and commercial healthcare payers – incentivize value and quality, with a focus on health outcomes, under an ACO model that has seen some success since its 2017 implementation.
The Vermont All-Payer Accountable Care Organization (ACO) Model, spearheaded by the federal Centers for Medicare and Medicaid Services, is a value-based care initiative that ties provider payment to the quality of...