Key factors that make value-based payment succeed

More health plan payments to providers are based on value-based rather than fee-for-service reimbursement. It’s time to focus on what’s working in advanced payment models (and what isn’t) to accelerate better care, better health, lower costs and greater provider satisfaction. Experts on a recent industry panel highlighted key factors that moved their organizations closer to the quadruple aim: flexible options for provider participation; leadership commitment to engagement and culture change; reasonable benchmarking parameters in risk-based arrangements; and metrics that work across multiple payers.