Search Tag: value-based payment models
Transforming-value-based-healthcare-payment-models
2017 08 Dec
Provision of quality care at low cost is at the heart of the new value-based care model. Evidence suggests that value-based contracting has led to a reduction in insurer costs and utilisation, which is why it remains a top strategic consideration for many organisations, according to a report from the Health Care Transformation Task Force (HCTTF). ...Read more
Why-is-value-based-healthcare-not-saving-money-1
2018 10 Jul
Amidst rising health costs in the U.S., researchers have examined the role of value-based care and competition in the cost equation. They found that across 900 different markets, value-based payment models had not produced the expected reductions in costs, mainly because many markets have few value-based options available. In addition, many of...Read more
Harvard-and-acs-develop-value-measurement-tool
2019 24 Jul
A new collaboration between the American College of Surgeons (ACS) and Harvard Business School' s (HBS) Institute for Strategy and Competitiveness aims to improve healthcare value. The initiative's ultimate objective is to develop a tool that hospitals can use to better measure quality and cost of care delivery. Officials from both organisations,...Read more