Private Sector Follows CMS' Lead, Moves Providers To Value-Based Pay

Several of the nation’s largest health care systems, insurance plans and employers announced Wednesday (Jan. 28) that they'll put 75 percent of their business into value-based payment arrangements by 2020, which is part of an effort by CMS and the private sector to align the public and private payer systems. The initiative coincides with a similar announcement by CMS officials Monday to speed providers' move into alternative pay models and value-based payments in Medicare. When CMS officials announced goals for...