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J&J Ups The Tempo In The March Toward Value-based Health Care

 
• By Ashley Yeo

Johnson & Johnson's CareAdvantage plan represents a major commitment to working with providers on patient outcomes and reducing costs, and looks beyond the mere price of products. As the group doubles down on value-based health care, its rivals in the medtech devices space will have a lot to reflect upon.

By launching a broad-ranging, group-wide and global initiative to partner more closely with heath care systems, Johnson & Johnson has delivered a solid response to the US Department of Health and Human Services' new goals on alternative health care payment models. The project aims to promote value-based and outcomes-centered care.

By 2018, HHS aims to have secured a major shift of Medicare fee-for-service payments being directed toward value-based...

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