By Jeff Buchanan
Lawmakers may end up repealing the Affordable Care Act, but it has been the law of the land for enough time that some of the changes it has brought will likely leave a lasting mark on the healthcare industry.
One of these changes is the shift away from fee-for-service payment models, where providers are paid for individual procedures and other units of care, rather than receiving outcome-based payments. Fee for service is giving way to what is known as value-based care, where providers are incentivized to keep costs as low as possible by keeping patients healthy. (For Michael Barbouche’s comments on this issue, Read More.)
May 8, 2017