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Ripple Effects of the Pandemic on the Move Toward Value

HFMA Executive Roundtable

Insight from an HFMA executive roundtable shows that COVID-19 could be a ‘triggering event’ that accelerates adoption of value-based payment.

What happens when provider revenue largely depends on patients receiving in-person treatment, but patients can no longer walk into a healthcare facility for care?

It’s a situation most hospitals and health systems have struggled with during the pandemic.

Because the majority of healthcare payment continues to be based on a fee-for-service payment model, “when demand for in-person care dries up, fee-for-service presents challenges for providers, financially,” said Lynda Rowe, senior advisor, Value-Based Markets, InterSystems.

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