Value-Based Payment: Time to Replace or Reform?

A Conversation with Farzad Mostashari, MD, and Andrew Michael Ryan, PhD, moderated by Rachel M. Werner, MD, PhD

12:00p.m. – 1:00p.m. ET November 7, 2025 Virtual Event

Value-based payment models have been health policy orthodoxy since the passage of the Affordable Care Act. But the results are mixed: some have shown promise while others have struggled to deliver meaningful savings or quality gains. Meanwhile, payers’ focus on value has catalyzed a growing group of corporate intermediaries. As the Trump administration sets new health policy priorities, some have argued that the focus on VBP distracts from addressing the true drivers of high health care costs, and that it is time to move on and return to an improved Medicare fee-for-service system. Our experts will weigh the pros and cons of VBP and its alternatives.

Supported by the Charles C. Leighton, MD Memorial Fund.


Speakers

Farzad Mostashari

Farzad Mostashari, MD

Chief Executive Officer, Aledade

Andrew Michael Ryan

Andrew Michael Ryan, PhD

Director, Center for Advancing Health Policy through Research and Professor of Health Services, Policy and Practice, Brown University

Rachel Werner

Rachel M. Werner, MD, PhD (moderator)

Executive Director, Penn LDI; Robert D. Eilers Memorial – William Maul Measey Professorship in Health Care Management and Economics, Wharton School; Professor, Medicine, Perelman School of Medicine