Shared savings agreements are a risk-free transition step for providers between fee-for-service and value-based contracts. In shared savings arrangements, if providers meet quality standards, they become eligible to share with the payer any savings they generate. And if they spend above the target, they are not penalized.
It’s an upside-only, innovative model for providers, and one that payers are betting will result in better outcomes and overall lower costs.
Shared Savings was a healthcare industry trend in our 2022 March Healthcare Classic. Explore this year’s interactive bracket to see the most impactful healthcare trends face off.