Weekly News Wire | March 12, 2020
BlueCross BlueShield & Value Network Partner To Start Behavioral Health Value-Based Payment In Western New York
On February 27, 2020, BlueCross BlueShield of Western New York (BCBSWNY) announced that it entered into a value-based reimbursement (VBR) arrangement with Value Network, LLC, IPA, a network of behavioral health provider organizations in Western New York. The contract includes an upside-risk agreement. Thomas Schenk, M.D., senior vice president and chief medical officer at BCBSWNY, said it is the organization’s “first payment model designed to directly enhance quality care for our members with mental health and/or substance use disorder diagnoses.”
The VBR arrangement with Value Network is based on the BCBSWNY “Best Practice” model, a . . .
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