How Is COVID-19 Transforming Value-Based Payment?

Manatt

COVID-19 is likely to bring substantial disruption to value-based payment (VBP), immediately and in the long term. Many worry that the pandemic will impede our progress toward value-based care, as providers focus on making up lost revenues and become fearful of putting dollars at risk. A recent survey by the National Association of Accountable Care Organizations (NAACOS) shows that 60% of respondents in risk-based models report they are likely to quit the ACO program to avoid financial losses from the pandemic. Others predict, however, that the pandemic will be a boost to VBP, highlighting the benefits of financing healthcare based on value rather than volume. Both sides can agree on one thing: there will be change.

How will COVID-19 really impact VBP arrangements — and reshape how providers and payers think about the path to value? How will it drive redesigned incentives that give providers the flexibility to respond effectively to the current pandemic — and to future public health emergencies? Find out at a new Manatt webinar.

The program will answer critical questions about COVID-19 and VBP, including:

• How will COVID-19 impact health spending — during the crisis and beyond?
• How will COVID-19 transform how providers and payers approach VBP — and define incentives?
• What new changes and flexibilities has the Centers for Medicare & Medicaid Services (CMS) announced to its VBP models — including the Medicare Shared Savings Program (MSSP), other ACOs and bundled payment arrangements — in light of the pandemic?
• What effects will COVID-19 have on investments in infrastructure, such as data and analytic capabilities, care managers and social supports?
• How are states, health systems and payers deploying existing population health resources, set up for VBP, to tackle the COVID-19 pandemic?
• How are pay for performance and pay for reporting likely to evolve?
• How will the COVID-19 crisis affect shared savings, capitation and global budget arrangements?

Even if you can’t make our live session on July 23, 2020, register now and you will receive a link to view the program on demand.

Presenters:

• Edith Coakley Stowe, Director, Manatt Health
• Dori Glanz Reyneri, Senior Manager, Manatt Health

More Information, How to Register