agree-1238964_1280Healthcare spending remains a major concern for employers as each year goes by. Even with benefits adjustments or wellness programs, employers may not see the results they would like. Value-based reimbursement is redefining this by introducing incentives that ensure providers remain accountable for boosting patient outcomes while focusing on keeping costs down. Why should employers give it a closer look?

A fusion of reduced healthcare costs and priority care. As opposed to the measures utilized during the 1980s where providers had to trim services where possible and reduce the care quality, value-based reimbursement works differently. It is a fee for service model with perks that incentivize providers to create deeper relationships with patients while nurturing better health outcomes and care cost reductions.

Employers have a unique ability to engage the population in health initiatives. Even if providers are “firing on all cylinders” in terms of patient communication and education, these efforts are largely futile if patients are actively engaged in the outcomes of their health. Whether its financial incentives or physical facilities that offer preventative health, employers have a significant advantage.

This update is by Medical Accounts Systems, a full-service healthcare revenue cycle management company providing a number of services including insurance follow up and managed care disputes, physician reimbursement, extended business office services, and more. For additional information on our services or for any questions you may have on topics such as medical bill debt collection, please call 877-759-6315.