Is the Move to Value-Based Care More Than Managed Care Redux?

Abstract

Medicare, Medicaid, and commercial insurers have committed to moving health care reimbursement from a fee-for-service system to a fee-for-value paradigm. Although this push for increased value is not new, the tools used to achieve this goal must change. This commentary will describe this evolution and will contrast prior quality and cost management approaches with those being implemented by health care systems today.