The Department of Health and Human Services intends to shift Medicare payments from volume to value—tying 30 percent of traditional Medicare payments to alternative payment models and tying 85 percent of all traditional Medicare payments to quality or value—by the end of 2016. But, are providers ready to participate in value-based payment models?
It’s a question the Healthcare Information and Management Systems Society is attempting to answer with its new HIMSS Cost Accounting Survey. In the survey, which can be taken online through Dec. 31, providers are asked to rate their readiness to transition from a fee-based to a value-based payment model and identify what they need from an industry perspective to make this transition successful.
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