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CVS Health Exec: Payers Need to Stop Making Behavioral Health Providers Jump Through Hoops In Order to Participate in Value-Based Care

November 7, 2024Katie AdamsMedCity News

The healthcare industry is slowly moving away from fee-for-service care models and toward value-based care — but contracting in these arrangements remains especially difficult for behavioral health providers, according to Taft Parsons III, chief psychiatric officer at CVS Health/Aetna.

He highlighted this issue during a panel discussion on Tuesday at the Behavioral Health Tech conference in Phoenix. The panel focused on how payers approach value-based care in the behavioral health space.

Parsons — who is a psychiatrist by training — noted that his company owns Oak Street Health, a network of value-based primary care centers for adults on Medicare.

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