The Benefits of High-Reliability in a Value-Based Payment Environment

Dr. Madeleine Biondolillo: Today, provider pay is increasingly based on cost and quality performance. Hospital and health system members of Premier are building high reliability organizations (HROs) to reap the benefits of this value-based payment environment. It is essential for health systems to understand and effectively comply with what is driving the system-wide cost and quality outcomes they are at risk for to avoid penalties, identify gaps in care to continuously improve and earn reimbursement, and build the capabilities needed to predict reimbursement in the future.