Affordability and Quality Key to Future of Value-Based Care (US News and World Report)
Excerpts from a moderated panel on the future of value-based care (part of the US News Healthcare of Tomorrow conference) are shared in this article. Leaders from health systems around the country, as well as the Center for Medicare and Medicaid, discuss the opportunities and barriers to value-based care, including how to make affordability and patient experience central to the movement as providers begin to take on more risk.
Challenges facing academic institutions and specialized medicine are featured, as is the critical role that transparency in pricing and evidenced-based payment models play in the shift to outcome-based care. Pauline Lapin from the Center for Medicare and Medicaid Innovation notes the limitations that the organization has when testing new payment models and adds that “there's a lot of room for innovation at the state and local level, given the flexibility they have.”
Delaware is using a State Innovation Model grant from CMS to focus on payment reform at the state level, including the establishment a Payment Model Monitoring Committee. The Payment Model Monitoring Committee advocates for the transition of all payers, providers and health systems to a value-based payment model by 2020. This approach supports DCHI’s broader delivery system transformation. For more information on how DCHI is moving hospitals and provider groups towards a value-based payment model, with a goal to have 80 percent of Delaware’s population in value-based payments by 2019, please visit us at https://www.dehealthinnovation.org/.
Articles posted do not reflect the views or opinion of DCHI, but are meant to foster meaningful discussion about the opportunities and challenges driving healthcare reform.
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