eVigils Blog
Value-Based Care
Centers for Medicare & Medicaid Services (CMS) plan to transform Medicare and Medicaid into more value-based programs by 2030 utilizing cutting-edge payment methods. Learn how eVigils offers a solution to meet these goals today.
How Benefits Based on Performance will Reshape Healthcare Payment
If you are a health plan, hospital, or employer and have not started to think about the role of value-based care in your future payment models, you’re missing out on one of the biggest changes in health care.
Categories
Value-Based Care
Accountable Care Organization
Accountable Care Model
Alternative Payment Models
Medicare Initiative
In a short seven years, a fundamental change will directly affect 55% of Medicare recipients (34.8 million people) as Medicare completes an initiative started in 1983 with the Prospective Payment System (PPS).
This final surge will result in 100% of Medicare recipients receiving care from providers incented to coordinate high-quality patient care and eventually eliminate fee-for-service reimbursement. It already has some collateral effects on commercial and private payers.
In short, the health of the entire American population will be impacted in the same amount of time a typical new car buyer uses their car.
I started my healthcare career in 1983 helping hospitals implement PPS and I will end my career helping providers finalize this shift to quality-over-cost patient care as I become eligible for Medicare benefits.
This is a very exciting segment of the healthcare technology market, and I will be posting on timely topics that affect each of us as patients, caregivers, and participants in the delivery of healthcare.
Andrew Rittler
Chief Executive Officer
Medicare is Driving Value-Based Care Transitions: What You Need to Know
The Centers for Medicare and Medicaid Services (CMS) is implementing a series of value-based programs to improve value in the delivery of healthcare services.
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