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Payer Updates:

UHC Begins Using 'Value-Based' Contracts With Some Providers

Published on Mon Feb 20, 2012

Plus, if you made a claim in the AMA suit against UHC, start looking for your check.If you contract with United Healthcare, you may soon find your physician's reimbursement tied to quality of care. The largest insurer in the United States (based on sales) is going to roll out "value-based" contracts with providers that will offer financial rewards based on quality of care. The rewards will be based on things such as low hospital readmission rates and performing recommended screenings for affected patients, according to an article in The Wall Street Journal. United Healthcare is already altering the provider payment system on a small scale, but plans to cover 50 to 70 percent of its commercially insured members by the year 2015, The Wall Street Journal reported. According to Bloomberg, "hospitals and doctors will see their costs fall through the program" and UHC will also see significant savings of "as [...]
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