Value-based reimbursement encourages clinicians to care for the whole person, which is essential to addressing health disparities demonstrated by claims data from the COVID-19 crisis, CMS says.
Health disparities proven by Medicare claims data during the COVID-19 crisis underscore the need to transition to value-based reimbursement, according to CMS.
“Now more than ever, it is clear that our fee-for-service system is insufficient for the most vulnerable Americans because it limits payment to what goes on inside a doctor’s office. The transition to a value-based system has never been so urgent,” CMS Administrator Seema Verma said in the announcement. Read More: revcycleintellegence.com