Hospitals and health systems prepare for a value-driven future

Hospitals and health systems prepare for a value-driven future

Collection:
Health Policy and Services Research
Series Title(s):
TrendWatch (American Hospital Association)
Contributor(s):
American Hospital Association, issuing body.
Manatt, Phelps & Phillips, issuing body.
Publication:
Washington, DC : American Hospital Association, December 2017
Language(s):
English
Format:
Text
Subject(s):
Cost Savings
Hospitals
Reimbursement Mechanisms
Value-Based Purchasing
United States
Centers for Medicare & Medicaid Services (U.S.)
Genre(s):
Technical Report
Abstract:
Hospitals and health systems are actively working to serve their communities in numerous ways, including through the adoption of initiatives that control costs, improve outcomes, and enhance patient-centered care. Many are working with payers to establish value-based payment (VBP) arrangements to support these goals. There is a wide range of approaches to VBP, from programs that incentivize public reporting on quality metrics to prospective payments for all of the health care needs of a given population. With no single VBP "destination," hospitals and health systems are evaluating which models may best support their organizational and community goals. The migration from fee-for-service payment to VBP is well underway. While the Centers for Medicare & Medicaid Services (CMS) has recently promoted increased flexibility for providers in VBP models, many states and private payers also are pursuing and expanding VBP arrangements.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
1 online resource (1 PDF file (10 pages))
Illustrations:
Illustrations
NLM Unique ID:
101729945 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101729945