Main Library

Stakeholders Seek to Drive Near 100% of Medicare Reimbursements to Value-Based Contracts by 2025

November 23, 2021Laura BinghamNo CommentsInnovista Health SolutionsMedicare, MA, MSSP, & Medicare ACOs,Alternative payment models (APMs),Contracts, contract managementInnovista Health Solutions

The U.S. federal deficit is the highest it has ever been. Healthcare makes up the largest portion of that deficit and the COVID-19 pandemic continues to amplify the issue. Over the past few years, the Centers for Medicare and Medicaid Services (CMS) has lead the charge towards value-based contracting, which “encourages providers to deliver the best care at the most reasonable cost, thus improving the overall value of care” (revcycleintelligence.com). By 2025, the intention is to have almost 100% of Medicare reimbursements tied to value-based contracts. Today, in 2020, less than 20% of Medicare spending is tied to value-based contracting, and those providers who are a part of the majority who are not participating in a value-based contract are cautious. They fear the risk of financial loss and, in some cases, the cost to make the shift seems unattainable. The unknown is unsettling, and comprehensive education on value-based contracting is vital to not only increased adoption but successful adoption.

Full Article

Visit the Innovista Health Solutions Booth

: alternative payment models, APMs, COVID-19, Medicare, Medicare reimbursements, value-based care, value-based contracts, value-based reimbursement, vbc

Related Posts

RECORDED WEBINAR: All Roads Lead to Value-Based Care, Part 4: Real-life Operationalization of VBC

February 21, 2024aco

New Opportunities for Provider Collaboration Stark and Anti-Kickback Statute Standards for Value-Based Care, Introduction

May 3, 2021Garrett Schmitt

RECORDED WEBINAR: The Medicare Advantage HEDIS™ and Star measures review

September 17, 2024aco

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Making Value-Based Payment The Best Choice For Providers
  • Value-based care’s blind spot: The missing link few are talking about
  • CMS proposes rule aligning Medicare physician payment with ‘Big Beautiful Bill,’ MACRA
  • How ASCs can reach their value-based care goals
  • RECORDED WEBINAR: Key Concepts in IDD Health Support for Care Managers
 
  • Main Lobby
  • Exhibit Hall
  • Events
  • Exhibit With Us
  • Board Room
  • Library
  • Contact Us