UnitedHealthcare nearing 50% value-based reimbursement — 3 insights

UnitedHealth Group paid $69 billion, or nearly half of its annual reimbursement, toward value-based care models through the third quarter of 2018, Forbes reports.

Advertisement

Here’s what you should know:

1. If United’s value-based spending continues growing at this rate, the payer will surpass its goal of $75 billion by 2020.

2. Aetna, Anthem, Cigna and Humana are also increasing their value-based pay spending, shifting away from traditional fee-for-service models. Aetna, for example, has a goal to shift 75 percent of its reimbursement to value-based models by 2020.

3. UnitedHealthcare President and COO Dan Schumacher said, “We’ve been very successful in that migration towards a population orientation. If you look at where that sits today, about half of our value-based spend is in the more progressive relationships that orient around population outcomes.”

More articles on coding, billing and collections:
KKR completes Envision (AmSurg) acquisition & more — 6 ASC company key notes
Spine surgery continues to transition to outpatient setting — Dr. Christopher Summa answers 3 Qs
Texas County Memorial Hospital defends tax proposal to finance surgery center construction: 5 notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.