Leadership: Value vs. volume: Can we pay for quality?
This building pressure can be seen in a series of vignettes. One of those pivotal moments came in September 2009 when a bipartisan group of 28 senators sent a letter to President Obama asking him, as he worked with Congress on reform legislation, to emphasize the need to “realign spending in the Medicare program to focus on providing more value to beneficiaries.” Another moment emerged in summer 2009 when Mayo Clinic, along with several other healthcare organizations, wrote to federal policymakers asking them to reconsider ways to pay hospitals and physicians for value instead of volume. The clinic’s suggestion: Institute a value index that takes quality (e.g., clinical outcomes, safety, or patient satisfaction), divides it by costs, and produces a quotient of value.
- Drug Pricing 'Tantamount to Greed,' Lawmaker Says
- CVS Ramps Up Retail Clinics with Provider Affiliations
- Study Puts Spotlight on Preventing Fall-Related Injuries
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- Wanted: Nurse PhDs
- The Infection-Busting Treatment Payers Don’t Want to Talk About
- Contradictory Obamacare Rulings Issued by Appellate Courts
- 4 Tectonic Shifts Shaking Up Healthcare
- As HIPAA Breaches Accelerate, Tools Lag
- Doctors Feel Pressure to Accept Risk-based Reimbursement