The Difficult Journey to Value: A Roadmap for Success
Recent surveys show that, while the road to value-based care remains a long and difficult one, adoption is well underway among payers, and providers, though they’re slower to dive in than expected, foresee doing so within the near future. Despite the easing of federal mandates, commercial payers are enthusiastically driving the shift, as they discover they’re able to save money while improving care and patient engagement. Respondents to Change Healthcare’s 2018 survey of payers reported savings of nearly 6 percent thanks to their value programs, on average; 80 percent reported that care quality had improved. As for government, the Department of Health and Human Services has returned to exploring bundled payments, and the Centers for Medicare & Medicaid Services has said that the agency would like accountable care organizations to take on risk sooner and would like to find ways to encourage Medicare providers to apply CMS value models outside Medicare, to other patients. Join several pioneering organizations that are well along the path, with experience to share on the moves essential to success as well as lessons learned from making wrong turns.