Catalyst for Fee Reform (CPR), an impartial, nonprofit coalition of employers and different healthcare purchasers, and accreditation group URAC are working to develop an accreditation program for value-based cost applications that might be accessible in 2025. Most payers have applied some type of value-based cost for healthcare suppliers. These fashions affect cost and care supply throughout broad sectors of the healthcare panorama. At present, there aren’t any nationwide applications that validate whether or not these fashions meet accepted greatest practices. “As value-based cost grows and matures, stakeholders have a shared curiosity in guaranteeing that well being plans implement value-based cost applications thoughtfully and appropriately,” stated Man D’Andrea, CPR’s govt director, in an announcement. “This partnership with URAC permits us to ascertain acceptable tips with the enter of a wide range of healthcare stakeholders.” Shawn Griffin, M.D., URAC’s president and CEO, added, “URAC is proud to work with Catalyst for Fee Reform in convening specialists from all through healthcare to debate the optimum approach to determine and observe one of the best practices in value-based care. We look ahead to growing a program based mostly on the ideas that this committee endorses.” As a primary step within the course of, CPR and URAC will develop value-based cost ideas by consulting with specialists and by convening a multi-stakeholder advisory committee. Through the improvement course of, the committee will invite evaluate and remark. URAC will then use the ideas to tell improvement of an accreditation program. As soon as applied, employers and different stakeholders would have the ability to use this system to determine organizations that meet greatest practices for value-based cost.
Final fall, Healthcare Innovation spoke to URAC’s Griffin about a wide range of matters, together with the truth that URAC has the nation’s solely accreditation program for psychological well being parity.