Major health systems, insurers have converted nearly half of business to value-based payments

The Health Care Transformation Task Force, a 41-member group that includes some of the nation’s top health systems and payers, revealed Dec. 18 that members have made substantial progress toward transitioning to value-based payment arrangements.

At the end of 2017, the group’s provider and payer members had put 47 percent of their businesses into such arrangements, based on survey responses from 14 of those members. That’s up from 41 percent in 2016 and 30 percent in 2015.

The payment structures are designed to hold members accountable for lowering the cost of care, improving quality of care and ultimately improving the health of a population over a year or during a defined episode that spans multiple care sites.

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