Medicare Payments Still Lean toward Volume, Not Value

///Medicare Payments Still Lean toward Volume, Not Value

Medicare Payments Still Lean toward Volume, Not Value

According to a report released Tuesday by Catalyst for Payment reform, of the $360 billion in payments that Medicare made to providers in 2013, 58% came through traditional fee-for-service models, with no focus on quality. This report creates a reference point for measuring the implementation of federal payment reforms.

Medicare Payments in New Models

  • Hospital Value-Based Purchasing and End-Stage Renal Disease Quality Incentive Programs – 8%
  • Medicare Shared Savings Program for ACOs – 8%
  • CMS Innovation Center’s Pioneer ACO Model – 9%

“Our collective challenge going forward will be to gauge not just how quickly payment reform progresses, but also how effectively it helps to improve the quality and value of care for the over 50 million Americans insured by the Medicare program,” CPR Executive Director Suzanne Delbanco said.

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By | 2017-02-23T21:39:45+00:00 May 8th, 2015|Articles, Government Mandates and Compliance|0 Comments