About Catalyst for payment reform
Catalyst for Payment Reform: Revolutionizing Healthcare through Value-Based Payment
Welcome to Catalyst for Payment Reform (CPR), a non-profit organization that is dedicated to transforming the healthcare industry by promoting value-based payment. CPR was founded in 2010 with the mission of improving the quality and affordability of healthcare in the United States.
The current healthcare system in America is plagued with inefficiencies, high costs, and poor outcomes. The traditional fee-for-service model incentivizes providers to perform more procedures and tests, regardless of their necessity or effectiveness. This results in unnecessary spending, overutilization of services, and suboptimal patient outcomes.
CPR believes that value-based payment is the key to addressing these issues. Value-based payment models reward providers for delivering high-quality care at lower costs. By aligning incentives with patient outcomes, these models encourage providers to focus on preventive care, chronic disease management, and evidence-based practices.
As an employer or other purchaser of health care services, you can be a catalyst for change by advocating for value-based payment arrangements with your insurance carriers or directly contracting with providers who offer such arrangements.
CPR provides resources and tools to help purchasers navigate this complex landscape. Our website offers a wealth of information on various value-based payment models such as bundled payments, accountable care organizations (ACOs), pay-for-performance programs (P4P), and shared savings arrangements.
We also provide guidance on how purchasers can evaluate provider performance based on quality metrics such as readmission rates, hospital-acquired infections (HAIs), patient satisfaction scores, and clinical outcomes data.
In addition to our educational resources, CPR advocates for policy changes at both state and federal levels that promote value-based payment adoption. We work closely with policymakers to develop regulations that support innovative payment models while ensuring consumer protection.
Our efforts have already yielded significant results - according to our latest report card on state price transparency laws; 43 states received passing grades compared only 2 states when we started grading them back in 2013!
At CPR we believe that everyone deserves access to affordable high-quality healthcare services regardless of their income level or social status! We are committed towards achieving this goal through collaboration between all stakeholders including patients themselves!
In conclusion: If you are looking for ways to improve your employees' health while reducing costs then look no further than Catalyst For Payment Reform! Our team has years of experience working alongside employers like yourself who want nothing but the best possible outcome from their investment into employee benefits packages! Contact us today so we can help guide you towards success!