As the healthcare industry makes its move towards value-based care, a report from The Economist Intelligence Unit says the U.S. is only moderately aligned with the policy on a global basis, Healthcare Dive reports.
Here's what you should know.
1. The reports says the Centers for Medicare and Medicaid Services have driven much of the changes to value based care.
Earlier in the year, CMS hit its goal of having a 30 percent adoption rate of alternative payment models.
2. The value-based movement is easier for established countries than developing ones. Turkey and Colombia are the only two "developing" countries making significant efforts to adopt the model.
3. The U.S. only has moderate alignment with value-based principles.
The U.S. does have a "strong overall health expenditure," according to the report.
4. The report singles out the U.S. and Japan as the only two countries that do not have a "recognized national health technology assessment organization, which is an "enabling component for value-based decision making."
5. Europe is leading the value-based care movement but budget constraints are an obstacle in its advancement.
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