Blue Cross Blue Shield of Michigan has developed a Value-Based Reimbursement model with two areas for earning. This approach encourages hospitals to work with physicians to provide cost-efficient care at both hospital and population levels.
We’re moving away from the fragmented, fee-for-service system to one that rewards collaboration and improvements.
There are two opportunities for hospitals to earn rewards with Value-Based Reimbursement.
Find out more about these two steps in the Value-Based Reimbursement Overview (PDF).
This program also provides a population insights report. The report gives you information about patient populations that you can use to:
- Identify physician partners
- Better understand current population-based performance
- Begin conversations between hospitals and their physician partners
Take a look at the Population Insights Reporting (PDF) to see what kind of information you'll have access to.