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Economic Grand Rounds
Published Online: 17 February 2021

Recognizing and Seizing the Opportunities That Value-Based Payment Models Offer Behavioral Health Care

Abstract

The rapid rise of value-based payment (VBP) models presents both new opportunities and challenges for behavioral health providers, especially in health systems that serve low-income and marginalized communities. This column discusses the experience of a community health care system as an early adopter of VBP in order to demonstrate both the constraints and possibilities health systems face when implementing VBP models. This example and the lessons drawn from it can assist other health systems seeking to implement these models.

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Information

Published In

Go to Psychiatric Services
Go to Psychiatric Services
Psychiatric Services
Pages: 732 - 735
PubMed: 33593103

History

Received: 21 January 2020
Revision received: 5 July 2020
Accepted: 14 August 2020
Published online: 17 February 2021
Published in print: June 2021

Keywords

  1. Financing/funding/reimbursement
  2. Health care reform
  3. ACO
  4. Accountable Care
  5. Value Based Care

Authors

Details

Andrew S. Hyatt, M.D.
Department of Psychiatry, Cambridge Health Alliance, Cambridge, Massachusetts; Department of Psychiatry, Harvard Medical School, Boston. Steven S. Sharfstein, M.D., Haiden A. Huskamp, Ph.D., and Alison Evans Cuellar, Ph.D., are editors of this column.
Miriam C. Tepper, M.D.
Department of Psychiatry, Cambridge Health Alliance, Cambridge, Massachusetts; Department of Psychiatry, Harvard Medical School, Boston. Steven S. Sharfstein, M.D., Haiden A. Huskamp, Ph.D., and Alison Evans Cuellar, Ph.D., are editors of this column.
Colleen J. O’Brien, Psy.D. [email protected]
Department of Psychiatry, Cambridge Health Alliance, Cambridge, Massachusetts; Department of Psychiatry, Harvard Medical School, Boston. Steven S. Sharfstein, M.D., Haiden A. Huskamp, Ph.D., and Alison Evans Cuellar, Ph.D., are editors of this column.

Notes

Send correspondence to Dr. O’Brien ([email protected]).

Competing Interests

The authors report no financial relationships with commercial interests.

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