Truth: A lot of nursing homes are not prepared for the move from fee-for-service to value-based payments. The healthcare industry is moving quickly in the direction of value-based payments. But not all healthcare provider organizations are keeping up.
Where does your organization stand? Are you trying to get a leg up by actively working to make quality improvements, adjust clinical workflows and adopt new technology? Are you preoccupied with putting out the fires of today and not yet focused on potential penalties and losses that could come down the line a few years from now? Maybe you are somewhere in between? Below are a few questions to help you evaluate your organization’s preparedness for payment model changes.