In what it's calling a 'historic' announcement, the Department of Health and Human Services has set new goals to speed the U.S. healthcare system toward value-based care.
HHS Secretary Sylvia Mathews Burwell announced Monday that the agency wants to tie 30 percent of fee-for-service Medicare payments to quality or value through alternative payment models, such as accountable care organizations or bundled payments, by the end of 2016. It also aims to have 50 percent of payments affiliated with these models by the end of 2018.