Payment Innovation and Value-based contracting

A shift from service-based payment to value-based payments had already gained enough traction with CMS introducing Bundled Payments and Medicare Shared Saving Programs (MSSP). Now, Commercial insurers have joined the bandwagon too and are increasingly expecting providers to get into Value-based contracts (VBCs) and sign up for meeting cost and quality goals.

These payment innovations are linking the value offered by providers to their reimbursements. Coforge healthcare advisory team can assist providers in collaborating with major national health plans, federal and state government entities and building integrated clinical networks towards the implementation of value-based contracts and meeting Pay-for-Performance (P4P) goals.