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Tracking healthcare metrics in the age of value-based payment, what to know

on Mon, 2015-05-18 00:00   caroline
Perhaps the biggest value-based challenge on the finance side is the lack of a single set of metrics by which to gauge quality.

The Department of Health and Human Services threw down the gauntlet in late January when Secretary Sylvia Burwell announced its intention to increase value-based purchasing dramatically in the next few years.

HHS plans to move its payment system to 30 percent value-based in 2016 and 50 percent by 2018. It also plans to have 95 percent of fee-for-service plans include some sort of value and efficiency components by 2018.

Story Date: 
May 18, 2015
News Author: 
Tammy Worth
Source Link: 
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Source URL: https://www.pcpcc.org/2015/05/18/tracking-healthcare-metrics-age-value-based-payment-what-know

Links:
[1] http://www.healthcarefinancenews.com/news/tracking-healthcare-metrics-age-value-based-payment-what-know