Value-Based Payment Basics
Module Materials
What are Value-Based Payments and how do they impact primary care practices?
Alternative payments models (APM) and value-based payments (VBP) are terms that are used interchangeably, although there are some slight differences, and refer to a variety of payment types outside of fee-for-service. They are best defined as payment models that reward health care providers for delivering high-quality and coordinated care. This module will define and describe APM/VBP, discuss the differences between these payment models and fee-for-service, and implications for primary care practices.
Learning Objectives
- Define value as it relates to healthcare in the U.S.
- Describe the continuum of healthcare payment models.
- Define value-based payments and implications for primary care practices.
- Describe innovative examples of value-based prospective payments being implemented in primary care practices.
Who should complete this module?
- Regional Accountable Entities (RAE) Facilitators
- Practice Facilitators
- Practice Administrators
- Practicing Physicians/APPs