Transitioning: Insights into Changing from Fee Based to Value Based Payment Models
An eBrief by mcol sponsored by LexisNexis

This could be the most challenging time to be a physician since … ever. Technological change continues in medicine, but doctors are used to managing rapidly evolving technology. The legal and regulatory climates continue to heat and cool, but that’s nothing new to most physicians. Instead, the changes creating the challenges are those at the intersection of clinical practice and the back-office business trends that have been absolutely upended in the last couple decades.

The transition to value-based reimbursement (VBR) is in full swing, but a higher percentage of total reimbursement still tends to come from the fee-for-service (FFS) part of purchaser relationships. So providers are caught in the middle, often wondering if they’re really on top of either the FFS processes of the past or the VBR processes of the future – and trying to figure out how to make the transition from one to the other. There’s help available.