Blue Cross makes a $65B bet on value-based medical care

value based care

The traditional fee-for-service approach to medicine that can lead to overtreatment and unnecessary medical tests and procedures.

The country’s Blue Cross and Blue Shield plans say they are spending more than $65 billion annually, about 20 percent of the medical claim dollars they pay, on “value-based” care that rewards better outcomes and keeps patients healthy. This is the latest blow to fee-for-service medicine.

 

 

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