The federal Medicaid agency’s push to promote value-based payments for health services is a welcome development for providers hit hard by the Covid-19 pandemic.
Most Medicaid providers saw steep declines in revenue when non-essential procedures halted and patients proved reluctant to go to hospitals, clinics, and doctor’s offices.
“A silver lining of COVID might be the opportunity to accelerate the value-based payment work that states have been leading for years,” Matt Salo, executive director of the National Association of Medicaid Directors, said. “Providers were quickly destabilized by this payment model that pays for volume over value.”
New guidance released Tuesday...