Catalyst for Payment Reform (CPR), an independent, nonprofit coalition of employers and other healthcare purchasers, and accreditation organization URAC are working to develop an accreditation program for value-based payment programs that will be available in 2025.
Most payers have implemented some form of value-based payment for healthcare providers. These models influence payment and care delivery across broad sectors of the healthcare landscape. Currently, there are no national programs that validate whether these models meet accepted best practices.
“As value-based payment grows and matures, stakeholders have a shared interest in ensuring that health plans implement value-based payment programs thoughtfully and appropriately,” said Guy D’Andrea, CPR’s executive director, in a statement. “This partnership with URAC allows us to establish appropriate guidelines with the input of a variety of healthcare stakeholders.”