Only about 11 percent of insurers' payments to hospitals and physicians are tied to quality and efficiency of care, FierceHealthcare reported. The rest of insurers' reimbursements are traditional fee-for-service or bundled payments, according to the Catalyst for Payment Reform's scorecard on payment reform.
"The scorecard reveals that we make the vast majority of payments for health care on a fee-for-service basis without any rewards for quality and efficiency. We know traditional fee-for-service payment creates incentives for waste and inappropriate care," Suzanne Delbanco, executive director of the Catalyst for Payment Reform, said in a statement. The group called for insurers to increase their value-oriented reimbursements to 20 percent of all payments by 2020. >> Read the full article at FierceHealthcare