Value-based contracts: Transitions occurring quicker than you think

With the transition to fee for value accelerating in healthcare markets across the nation, the time is at hand for providers to develop and implement value-based contracts.

Advertisement

Editor’s Note: This blog originally appeared on BDC Advisor’s webiste on August 17, 2015.

Although the transition from fee-for-service to value-based payment is likely to unfold over some time, health systems, employers, and payers are increasingly committed to value-based models, developing necessary infrastructure and actively seeking value-based contracts. Both the U.S. Department of Health and Human Services (HHS) and the newly formed, private-sector Health Care Transformation Task Force recently announced plans to support the rapid expansion of value- based contracts. Click here to continue reading >>

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.