Catalyst for Payment Reform completed an independent review of Medicare payments paid to health care providers in 2013. The review revealed that 42% of the fee for service dollars paid were designed to boost the value of care patients receive. In January 2015, CMS issued a press release stating that a goal was set for 50% of traditional Medicare payments to be tied to quality or value through an alternative payment model by the end of 2018. Based upon the independent review, CMS is in line to meet this target ahead of schedule.
FHLF Attorney Valerie Shahriari to give live webinar on June 24th, 2015 “Preparing Your Practice for an Incentive Based Payment Structure.” Registration is FREE and open now. Click here for details!