Monday, February 16, 2015

Medicare moves toward value-based oncology payments

What Happened

In a Modern Healthcare article posted February 12, 2015,Sabriya Rice reports:

The CMS Innovation Center plans to test a new oncology payment model intended to address the spiraling costs of cancer care and improve quality for beneficiaries. 

As part of a broader federal push to reward hospitals and doctors for value rather than the volume of services they provide, the CMS is inviting oncology practices and solo practitioners to join a five-year test set to begin in the spring of 2016.

Read More (complimentary registration/log in may be required)>>

Why It Matters

Although many practitioners are unimpressed by the push toward value-based care, the train has left the station. See related article entitled Quality-based health care is based on false assumptions by Thomas D. Guastavino, MD and posted to KevinMD.

Read More from this week's issue of Week in Review HERE>>.

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