The Institute Teams up with NYSHealth Foundation For a Conversation on Alternative Payment Methods Driving Health Care Transformation
New York, NY (December 15, 2014) – In a project supported by The New York State Health Foundation (NYSHF), the Institute for Family Health took on the challenge of developing new payment arrangements with payers that would support better health outcomes. In a new report, NYSHF shares the findings from our effort.
“The end goal remains improving our patients’ health. We are an FQHC and mission-driven, so our focus has always been the patient,” said Dr. Neil Calman, Institute president and founder. “If we have the right data, we can improve care, outcomes, and costs. We can better tailor interventions to the patient. Providers should be helping to define what success means under these new payment arrangements and what benchmarks we should be striving to achieve.”
Across the country, providers and payers are experimenting with alternative payment methods that move away from fee-for-service, with the goal of improving health outcomes and reducing costs. While this can drive meaningful change in patients’ health, promising new methods are still being tested and refined to determine which are most effective, most appealing to payers and providers, and most likely to supplant the fee-for-service model.
Here are the Institute’s lessons for payers and providers on developing shared savings agreements and recommendations on what it will take for payment reform to succeed in improving patient care.