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WASHINGTON DC USA -- HEALTHCARE UPDATE NEWS SERVICE™ -- JANUARY 3, 2022: Price Transparency. Value-based Payments. Healthcare Transformation. These words have been the staple of webinars, conferences, papers, reports and journal articles for the past two decades. And while there has been progress in all these fields, it has been slow. However, the industry is reaching its inflection point, powered by the combination of regulations that were embedded in the Consolidated Appropriations Act (CAA) of 2021, and the accompanying No Surprises Act and Transparency in Coverage.
The combination of fiduciary obligations for employers, with the disclosure obligations of payers, providers, brokers and benefits consultants, is ushering in a new age, not just a new year.
That's because there's going to be a lot of explaining to do by all those who have done a lot of talking, but whose actions have fallen far short. And with that explaining will come a lot more accountability.
It's to support organizations that see this moment as a watershed event and want to take full advantage of it that I've created the High Value Care Incentives Advisory Group (HVCI AG).
- The recipes to succeed in designing and implementing payment models and other incentives that drive high value care have been formulated, tested and refined.
We'll help you apply them.
- The best practices on engaging consumer-patients in getting high value care exist.
We'll help you apply them.
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