HCFO Researcher Quoted on Hospital Value-Based Payment

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HCFO researcher Andrew Ryan, Ph.D., Weill Medical College of Cornell University, was quoted in InformationWeek regarding hospital responses to value-based payment strategies. He noted that while hospitals do respond to value-based payment, it is often in unexpected ways. Ryan’s HCFO-funded work evaluated the effect of the Medicare Hospital Value-based Purchasing program on quality of care during the program’s first year of implementation. In related work, Ryan and colleagues examined how hospitals have maintained their prominent market share and role in health care expenditures despite value-based payment strategies that seek to improve efficiency and lower costs.