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The MediSked Blog

Implementing Value-Based Payments Across the HCBS Continuum

Posted by Tyler Blake on Mon, Apr 09, 2018 @ 04:50 PM

As states, payers, and oversight continue to find new and innovative ways to improve quality, cost, and efficiency of home and community base services (HCBS), many are looking to Value-Based Payments as a reimbursement model that drives these goals. Value-Based Payments (VBP) is a reimbursement model that shifts away from compensating providers based on volume (fee-for-service), and towards a model which rewards providers based on their efficiency and quality of care. The idea behind this shift is to incentivize providers to create more value in the services that they provide, instead of incentivizing sheer volume of services.

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Tags: 2018, Industry Trends, VBP, Managed Care, Home and Community Based Services