Medicare Preparing To Shift 50% Of FFS Reimbursement From Volume To Value By December 2018
On January 26, 2015, the federal Department of Health and Human Services (HHS) announced it had adopted a framework and a timeline for shifting half of Medicare fee-for-service (FFS) provider organization reimbursements from volume-based models, to value-based alternative payment models by the end of December 2018. During 2014, about 20% of Medicare FFS payments were linked to value-based alternative payment models, such as accountable care organizations (ACOs) and bundled payments. Through this three-year initiative, HHS seeks to shift the percentage of all Medicare FFS payments linked to quality measures to at least 90%, with . . .