Successful value-based care initiatives have proven they can deliver better care for patients at lower costs and can be attractive to individual physicians, clinicians, and delivery systems. As a result, policymakers have set goals to expand provider participation in these initiatives.
Participating in value-based care initiatives requires an investment on the part of providers due to transition costs. Fixed start-up costs, a multi-year lag between start-up and earnings, and the possibility of failure make investing in a transition to value-based care a risk-reward proposition for providers. Providers have successfully adopted “build,” “buy,” and “partner” strategies to navigate the transition, realize better outcomes, and produce overall savings.
Understanding the size and nature of transition costs is a key question for policymakers aiming to promote value-based care. While previous analyses have estimated the cost of transitioning to value-based care, this white paper provides a qualitative description of the three main types of transition costs: care delivery costs, start-up administrative costs, and financial costs…
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Accountable for Health Institute in collaboration West Health brought together leading accountable care experts to discuss how accountable care must evolve to meet the next decade’s challenges. This summary highlights four priority areas to drive system-wide impact.
Accountable for Health members, ilumed, Curana Health, Bloom Healthcare, and HarmonyCares, participated on a panel at the Value-Based Payment Summit on “ACOs and CMS Working Together to Address Low-Value Skin Substitutes”.
The CMS Innovation Center (CMMI) recently announced modifications to its model portfolio to align with statutory obligation, including models that are being terminated as planned and models that will not launch or will end early.
