HCFO Researcher Quoted on Hospital Value-Based Payment

HCFO researcher Andrew Ryan, Ph.D., Weill Medical College of Cornell University, was quoted in InformationWeek [1]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 [2] 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 [3], 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.