Did you know 34% of health care payment in this country is tied to value-based payment? Providers are increasingly being held accountable for the value of care they’re providing—from the specific health outcomes they’re generating for their patients, to the processes and cost-savings efficiencies they’re implementing.
When Congress passed the Medicare Access and CHIP Reauthorization Act (MACRA) back in 2015, they made a giant push toward value-based payment in the country. Now, clinicians and healthcare organizations across the country are preparing for increasing payment adjustments, which, under the Merit-based Incentive Program (MIPS), will begin in 2019.
