Value-based reimbursement aims to lower costs and improve outcomes in healthcare

There ’s a simple explanation for why healthcare costs are rising at twice the rate of inflation: The fee-for-service reimbursement model incentivizes healthcare providers to focus on the volume of care, rather than the quality or outcome, and definitely not the cost. Fixing this broken system, howeve r, is not so simple. The fee-for-service model has become a perverse incentive, says Jeb Dunkelberger, director of value reimbursement strategy& innovation at Pittsburgh-based Highmark Blue Cross …
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news