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If there were ever any doubts about the seriousness of CMS’ commitment to transitioning the nation’s healthcare system from one based on volume-based to value-based compensation models, those doubts were squashed by a recent CMS blog post and bulletin, announcing the implementation of very significant temporary “flexibilities and adjustments” to various valued-based care (VBC) programs in an effort to ensure that providers participating in those programs are able to weather the chaos of the current pandemic.
In the blog post, CMS Administrator Seema Verma wrote that the “need” for a comprehensive value-based transformation of the country’s healthcare system “is even greater as our country confronts not just the coronavirus but the possibility of future pandemics.”
To meet this need, CMS will be making some of the following adjustments to its preexisting VBC programs:…