According to a recent GoHealth report, value-based care and Medicare Advantage could work well together to provide more personalized care and better outcomes for seniors.
A Brief History of Value
Since the 1960s, total U.S. healthcare spending has continued to outpace inflation, reaching over 17.7% of the nation’s GDP in 2019. During this time, per capita spending on Medicare beneficiaries rose from $353 per person in 1970 to $11,582 in 2019.
In 2008, HHS and CMS first began incentivizing quality of delivery over quantity of services through alternative payment models.
Timeline of VBC
