Becker's Healthcare August 22, 2024
The largest payers in Washington state are working together to improve primary care.
In July, eight payers, the Washington Multi-Payer Collaborative, signed a memorandum with the Washington State Health Care Authority to promote value-based payment models for primary care in the state.
The agreement helps align and standardize performance measures across payers. The implementation of payment frameworks will vary by payer, but each signee must offer models with incentives for quality and may opt to provide upfront investments in providers’ infrastructure.
Chip Howard, vice president of network innovation and alternative payment models at Regence Blue Shield told Becker’s aligning on standards is helpful for providers who want to participate in value-based care.
A common pain point for...