Getting Paid: Payment Models in Healthcare

In the ever evolving landscape of healthcare, providers are starting to wonder how the transition is going to fare-especially when it comes to getting paid.  Proponents of value-based care say that it will lead to lower costs, better care, and improved patient outcomes although they acknowledge that the conversion may be a difficult one.  Advocates point out that value-based care should be viewed as an opportunity rather than a problem that can lead to lower expenses and better care.  However, not everyone agrees and some argue that the unique nature of each patient complicates the idea of making all of medicine measurable.

It’s important to note that alternative payment models such as “bundled payments,” in which a single payment covers services delivered by multiple providers during a single episode of care, are becoming increasingly common among providers.

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