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Slow Progress on Efforts to Pay Docs, Hospitals for 'Value,' Not Volume
For decades, reformers have sought to change how doctors and hospitals are paid to reward quality and efficiency — efforts that accelerated as a result of the health care overhaul. But surprisingly little progress has been made to date, a consortium of large employers reported today.
Only 10.9 percent of health care spending last year by employer-sponsored plans was based on "value," as opposed to “volume,” or the number of services performed, according to the study by Catalyst for Payment Reform (CPR), a nonprofit group which represents 21 U.S. employers, including Verizon, Walmart, eBay and Boeing.