December 9, 2015 - Curant COO, Marc O'Connor, in Managed Healthcare Executive - Unwinding a healthcare system built on decades of fee-for-service delivery will not come easily. Nevertheless, 2015 saw several major healthcare changes that will enable the industry to begin to use value from innovation in technology, pharmaceuticals and clinical care as its defining metric. The value-based healthcare baby has arrived and is cutting its teeth. And while it will grow quickly, it will stumble and will need wise guidance in order to mature in a way that enables it to achieve its potential.
Here are the top 3 value-based healthcare developments of 2015:
#1. SGR repeal
After bipartisan legislation passed both the U.S. House of Representatives and the Senate in March, President Obama signed into law the Medicare Access and CHIP Reauthorization Act in April. In arguably the most definitive demonstration of the shift away from fee-for-service to value-based care, the law repealed the sustainable growth rate (SGR), which previously reimbursed providers for “activities and treatments,” a volume-based metric. In its place are the beginnings of a system that reimburses providers based on outcomes.
To read Marc's full article, visit Managed Healthcare Executive.
To learn more about Curant Health, contact Kristin Lindsey, Marketing Director, at klindsey@curanthealth.com.