Healthcare is moving from Medicare Fee for Service (FFS) to quality payment models.There has been a shift in our healthcare system, whereby providers are being rewarded for better care, not more care. This transition from fee-for-service to value-based care is not only changing how patients are cared for, but also…
Before I get into detail on this topic, let me establish a baseline understanding. Whether it be the Medicare Access and CHIP Reauthorization Act (MACRA) and value-based programs; the Healthcare Effectiveness Data and Information Set (HEDIS) measures, used to measure performance on important dimensions of care and service; or even…
First, I want to clarify something about a term used by Medicare for healthcare providers. Value-based purchasing, or VBP, can sound like a good idea unless you realize that it’s actually the purchaser getting the value, along with the Medicare program, and not the provider or patient. It would be…