More evidence of the end of of the fee-for-service payment model

More evidence of the end of of the fee-for-service payment model

The FiercePracticeManagement.com blog posted “The Fee-for-Service Payment Model Has To Go, Experts Say:  An obstacle to value-based care” on 6-2-16. This blog posting summarizes a blog post from the NEJM Catalyst site.  The NEJM post is pretty dense and technical, but the secondary post provides a helpful summary.

 

It is the example of a crystal clear trend which mental health professionals need to monitor very carefully: the current fee-for-service model is going to be eliminated in favor of a “value-based” payment model with a focus on improving patient outcomes, encouraging patients to make behavioral changes to improve their help (which clearly will create significant opportunities for mental health providers) and increased use of telehealth services.

mhconcierge.com’s take: this article does not tell us anything new, but clearly reiterates the need to be aware of policy changes that are going to radically change how most mental health professionals practice.

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