Market trends suggest that a solid understanding of how to succeed in value-based payment arrangements is necessary for providers now and going forward. Value-based care contracting has become increasingly common in the U.S. healthcare system and abroad. It is estimated that in 2022 about 41% of healthcare payments in the United States were based on some form of value-based contracting linked to the cost of care. This white paper looks at some of the key dynamics that are driving the shift to value-based care in the following markets:
- Medicare fee for service
- Medicare Advantage
- Commercial
- Medicaid