HHS Initiative Aims to Transition Primary Care Out of Fee-for-Service

from tHEORetically Speaking: The HealthEconomics.Com Blog at http://bit.ly/2PCBxQF on April 29, 2019 at 03:40PM

The Department of Health and Human Services (HHS) on Monday, April 29, announced a new initiative which will look to move primary care out of a fee-for-service model and into a global fee model, according to a Modern Healthcare report.

During an event in Washington, HHS Secretary Alex Azar said the new programs will transition about a quarter of Medicare beneficiaries out of a fee-for-service model.

The initiative would enable practices and health systems to engage in a dynamic risk system.

“Basically what the model will do is have providers competing for beneficiaries,” Azar said during the event.

Click here to read the full report on Modern Healthcare.