CEO of University of Pennsylvania Health System Kevin Mahoney urged the healthcare industry to move from a fee-for-service reimbursement model to a value-based care model at a virtual event on Friday.
The event, titled “The Financial Impact of COVID-19 on Health Care Providers,” was hosted by Penn’s Leonard Davis Institute of Health Economics. Mahoney was joined by several other healthcare experts to discuss the pandemic’s financial impact on health care providers.
Mahoney said hospitals have seen decreased revenue due to fewer elective procedures and inpatient treatment. Although this trend is not new, it has…
