Industry Observers: Medicare value-based Payment Model Could Influence Comp System

While the workers’ compensation industry mulls outcome-based reimbursements to encourage high-quality care, the federal government has passed a bill that could influence how the health care industry defines "quality." House Resolution 2, which passed the Senate 92-8 on Tuesday, would repeal the controversial Sustainable Growth Rate formula for setting Medicare rates for providers and direct the secretary of Health and Human Services to establish an alternative payment system called the Merit-based Incentive Payment System, or MIPS. The system would, on its face, introduce...