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CMS: Value-based reimbursement key to addressing health disparities

from RevCycle Intelligence

CMS: Value-based reimbursement key to addressing health disparities RevCycle Intelligence Health disparities proven by Medicare claims data during the COVID-19 crisis underscore the need to transition to value-based reimbursement, according to CMS. The federal agency announced COVID-19 outcomes based on Medicare claims data from January 1 through May 16, 2020. The data revealed that Medicare spent $1.9 billion in fee-for-service payments on 81,227 COVID-19 hospitalizations during the period, with average hospital reimbursement hovering at $23,000. READ MORE

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