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Ohio Becomes Medicaid's First Value-Based Purchaser
Ohio is transforming its Medicaid program by tying payments to quality, value-based outcomes, as the first in the nation to take such a step, the state announced Monday.
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The Office of Ohio Health Plans (Ohio Medicaid) is working with Catalyst for Payment Reform, a large private organization that includes General Electric and Walmart as members, to develop new language for 2013 contracts that ties managed care payment to quality outcomes, reported the Dayton Daily News
Daily News
"Today, we pay the same for care, whether it's good or bad, free of mistakes or full of mistakes," Catalyst for Payment Reform Executive Director Suzanne Delbanco told the . "We want to have a payment system that's more connected to the care that people receive."
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Source: FierceHealthPayer
Hospitals Report Declining Cash Reserves, Increasing Reimbursement Delays and Denials
December 1st 2023A new report highlighting the twin pressures hospitals have faced over the last 18 months shows that as reimbursement delays and denials increased and cash and investments decreased, operating expenses have risen sharply.
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