How the Laboratory Fits into Value-based Contracting

The transition from reimbursement models that pay for volume of services to those that reward for value and positive outcomes is in reality a slow and arduous road to travel. While there is agreement that value is a much better concept to base payments on, getting there is a complex endeavor in the convoluted world of healthcare reimbursements. However, as our healthcare system continues to move toward value-based systems, it is important for laboratory professionals to understand how this shift impacts their service and where laboratory data comes into play in value-based contracts.

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