CMS Says Value-Based Reimbursement Is Now The Imperative. Are You Ready? The stakes have been raised for payers and providers already besieged by a rapidly changing market. In January, HHS announced targets to make alternative payment the standard for 30% of Medicare reimbursement by 2016 and 50% by 2018.* Is your organization ready? To help you get ready, here are the… Top 10 Things Payers and Providers Can Do to Start Aligning with VBR 1 Take the plunge together Value-based delivery changes depend on value-based payment changes. Payers and providers must align to enable value-based models. 4 2 Multiple payers in a region are needed to make it worthwhile for providers to participate in VBR in an efficient and automated fashion. There’s no time like the present to engage with employers in the discussion about value-based care and payment. They’re interested in strategies that use incentives to reduce cost and improve care. 6 Target one or two areas of reform to get value. Some organizations start by focusing on using episode-of-care for hip and knee replacements. 9 Find a neutral party Convene an open forum facilitated by a neutral party so stakeholders can speak freely about ideas, models, and plans. 5 Reach out to employers Stay focused 3 Build a critical mass Find seed money There’s been a wave of grants that promote healthcare delivery reform. Look for federal, state, and foundation grants for pilot projects on delivery system reform. 7 8 Have a 5-year plan Create a long-term strategic road map that details where your organization needs to be by 2020, and how it’s going to get there. Adopt the new technology This change in healthcare delivery is happening now because we finally have the technology to make it happen. Address IT in four key areas: process reengineering and automation, connectivity, analytics, and decision support. 2020 10 Educate your organization Find VBR evangelists in your organization (such as medical directors) who have a key leadership role and are skilled in building coalitions. Choose the right partner The way to scale VBR models is to automate the end-to-end process associated with them. Most organizations can’t do this alone. Find a partner who understands the challenges payers, providers, and clinicians face in the transition to value-based models. A shift to value will usher in a new standard of quality, affordable healthcare for payers, providers, and patients. It’s time to invest in the models and technology that support VBR transformation. Let’s work together to create a healthcare system that speeds our transition to value for better health. Please share freely. For more infographics, please visit MHSdialogue.com. Top 10 by McKesson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. Based on a work at MHSdialogue.com. Permissions beyond the scope of this license may be available at MHSdialogue.com. *Source: “Better, Smarter, Healthier”, HHS.gov, January 2015, http://tinyurl.com/HHS-2015-Jan.
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