How soon are valuable-based payments going to start replacing traditional Medicare fee-for-service reimbursements? Very soon.
Health and Human Services Secretary Sylvia Burwell on Jan. 26 announced that HHS has a goal of tying 30 percent of FFS Medicare payments to quality or value through alternative payment models, such as Accountable Care Organizations or bundled payment arrangements by the end of 2016, and tying 50 percent of payments to these models by the end of 2018.
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