PROJECT DETAILS:
- CLIENT: Crain’s Content Studio
- PUBLICATION: Crain’s Detroit Business
- PROJECT: Article
- INDUSTRY: Medical / Insurance
- FEATURING:
- Mike Jasperson, Senior Vice President of Provider Network and Health Plan Operations at Priority Health
- Rick Abbott, Senior Vice President of Employer Solutions at Priority Health
- READ IT: “Priority Health incentivizes value-based care with alternative payment models“
Traditionally, the healthcare system operated under a fee-for-service payment model, reimbursing providers based on service volume. Now, progressive payers are transitioning toward value-based care that incentivizes providers for quality outcomes rather than quantity.
Michigan’s second-largest health plan, Priority Health, has been incentivizing value-based care through alternative payment models (APMs) for over a decade. As part of Crain’s coverage of the Michigan Association of Health Plans Annual Conference, this article explores how Priority Health is improving the value of care—saving members more than $100 million.
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