News Headlines Article

What it takes for true payment reform in healthcare

While the healthcare industry aims to shift away from a fee-for-service payment model that rewards volume over value, real payment reform must retain some elements of fee for service, such as the accounting system that helps payers divide risk-adjusted capitation payments, according to a health policy expert.

“If you abolished all fee-for-service tomorrow, you abolished all those codes, you’d have no clue what’s going on out there,” Len Nichols, Ph.D., said Tuesday during the closing keynote address at the Patient-Centered Primary Care Collaborative Fall Conference, MedPage Today reported.