Impact of Value-Based Payment Models on Pharmacies

Article

Pharmacies can anticipate new, specific goals that tie fee-for-service Medicare payments to value-based payment models.

Pharmacies can anticipate new, specific goals that tie fee-for-service Medicare payments to value-based payment models, according to the US Department of Health and Human Services (HHS).

In this video, Sam Stolpe, PharmD, senior director of Quality Strategies and Business Development at Pharmacy Quality Alliance (PQA), talks about how the HHS has announced that there will be concrete numbers affiliated with quality goals related to aspects such as care coordination. The new model will also link value-based payments to services provided.

“What they’re distilling it down to are quantitative goals that are rather ambitious,” Dr. Stolpe says.

Inside of Medicare Part C and Part D, PQA has a number of measures embedded that will be highly influenced by pharmacists, Dr. Stolpe notes. Some examples include safe and appropriate medication use, adherence, and the use of high-risk drugs for the elderly.

Related Videos
Pharmacist selling medications in the pharmacy | Image Credit: rh2010 - stock.adobe.com
BillionPhotos.com - stock.adobe.com
Whole psilocybin mushroom in a clear medication capsule | Image credit: Zim - stock.adobe.com
Patient suffering from atopic dermatitis -- Image credit: Nikkikii | stock.adobe.com
Image credit: Fabio Balbi | stock.adobe.com
Image credit: Melita - stock.adobe.com
Atopic dermatitis on a patient's hand -- Image credit: Ольга Тернавская | stock.adobe.com
cropped view of man performing chest compression on dummy during cpr training class - Image credit: LIGHTFIELD STUDIOS | stock.adobe.com
Medicine law concept. Judges gavel with pills | Image Credit: Iren Moroz - stock.adobe.com
© 2024 MJH Life Sciences

All rights reserved.