Value-Based Contracting

What Final Medicaid Value-Based Purchasing Rule Means for Payers

by Kelsey Waddill

CMS has finalized a rule which promotes private payers and states negotiating value-based purchasing contracts for Medicaid drugs, along with other changes. The final rule was built upon the Medicaid...

How Payers Can Drive A Quicker Transition to Value-Based Care

by Kelsey Waddill

Value-based care is a perennial goal for the payer industry, but transitioning into risk-based, outcomes-based contracts has proven to be a slow process. However, Blue Cross and Blue Shield of North...

Humana Announces Value-Based Primary Care Services MA Model

by Kelsey Waddill

Humana has announced a new value-based primary care services model for Medicare Advantage members using the CMS Primary Care First model. “The creation of this model comes at a critical time....

Medicare Value-Based Contracting Model Emphasizes Care Coordination

by Kelsey Waddill

CMS has introduced a new Medicare value-based contracting model that encourages greater care coordination and requires participants to take full risk for Medicare fee-for-service beneficiaries based on...

How an AI App Navigates Narrow Networks, Cuts Healthcare Spending

by Kelsey Waddill

In the San Francisco Bay Area, employers face the challenge of escalating healthcare spending. This problem is not restricted to the Bay Area alone. Average premiums nationwide were around $7,470 for...

Payer, Provider Value-Based Contract Targets 10% Lower Cost Trend

by Kelsey Waddill

Blue Cross and Blue Shield of Minnesota (Blue Cross) struck a six-year value-based contract with Allina Health that focuses on quality improvement and cost savings through care coordination,...

Payer Value-Based Care Program Ups Savings, Provider Participation

by Kelsey Waddill

A value-based care program from Blue Cross and Blue Shield North Carolina (Blue Cross NC) saw cost savings and quality improvement and increased provider participation in its first year, the payer...

Payer Fuses Value-Based Care, Support Payments for Small Practices

by Kelsey Waddill

Blue Cross Blue Shield of Massachusetts (Blue Cross) announced a new value-based payment model that offers small practices financial support through a global payment, upside risk incentives, and an...

Payers Continue to Expand Value-Based Contracting Despite COVID-19

by Kelsey Waddill

Blue Cross and Blue Shield of North Carolina (Blue Cross NC) will financially support local independent primary care practices as they transition to value-based care during the coronavirus pandemic,...

CMS Proposed Rule Redefines Payer Value-Based Payment Negotiations

by Kelsey Waddill

CMS has proposed a rule that allows payers to adopt new value-based payment models for gene therapies. “CMS’s rules for ensuring that Medicaid receives the lowest price available for...

Pros and Cons of Prior Authorization for Value-Based Contracting

by Kelsey Waddill

The debate over the usefulness of prior authorizations for value-based contracting is often torn between providers who find the administrative elements burdensome and payers who find the programs...

Payer Extends Value-Based Contracting to Dental Provider Group

by Kelsey Waddill

Blue Cross Blue Shield of Massachusetts (Blue Cross) is expanding its value-based care model into its dental plan through value-based contracting with the dental provider group 42 North. In 2019,...

Aetna Offers Atlanta Employers Fully-Insured, Self-Insured Plans

by Kelsey Waddill

Aetna Whole Health will offer employers access to self-insured and fully-insured plan options that focus on better care coordination through accountable care organizations (ACOs) and incorporating...

How Provider Relationships Shape VBC Pediatric Quality Measures

by Kelsey Waddill

If value-based care in pediatric healthcare truly is the future of value-based care, payers need to leverage strong provider relationships to establish effective pediatric quality measures in order to...

Louisiana’s Medicaid Managed Care Contracts in Disarray

by Samantha McGrail

Louisiana’s chief procurement officer recently threw out several multibillion-dollar Medicaid managed care contracts after uncovering the mismanagement of the bid process, according to national...

How Payer Value-Based Contracts Seek to Cut Gene Therapy Costs

by Kelsey Waddill

Eleven gene therapies could cost an individual as much as $45 billion over the next five years, but payers can bring that cost to a more manageable price range through methods such as value-based...

BCBS MI, Provider Orgs Sign Risk-Sharing, Value-Based Contracts

by Kelsey Waddill

Blue Cross Blue Shield Michigan (Blue Cross) is initiating value-based contracts with seven major Michigan healthcare providers under their alternative payment model called the “Blueprint for...

Value-Based Care Models Gain Steam, Cut 20% of MA Spending

by Kelsey Waddill

Evidence is mounting to confirm that value-based care models are more cost-effective than fee-for-service, according to Humana’s fifth Value-Based Care Report, which said bundled payments and...

Accessible Data, In-Person Dialogue Key to Value-Based Partnerships

by Kelsey Waddill

There are two elements of value-based care that should come as no surprise to a seasoned healthcare professional regarding value-based partnerships. First, that payer-provider relationships are at the...

UPMC Value-Based Drug Contract Hinges On Disability Progression

by Kelsey Waddill

UPMC Health Plan has entered into a value-based agreement with pharmaceutical manufacturer Biogen to be reimbursed for multiple sclerosis medications on the basis of disability...