About Payformance

Re-envisioning value-based reimbursement.

We understand the complexities of the value-based world.

Payformance Solutions is a value-based reimbursement service provider dedicated to advancing payment transformation in the healthcare industry. Leveraging our affiliation with nonprofit research and consulting organization Altarum Institute, we launched the TrustHub suite of services to equip payers and providers with the technical tools and resources required to design, evaluate, build, measure and negotiate value-based reimbursement contracts while aligning financial goals with improved patient outcomes.

 

 

 

Our History

Altarum Institute was founded in 1946 and has evolved into a 400-employee organization with the mission of creating a better, more sustainable future for all Americans by applying research-based and field-tested solutions to transform the healthcare system. Altarum’s customers include the U.S. Department of Health and Human Services, Office of the National Coordinator For Health Information Technology, Centers for Medicare & Medicaid Services and the Robert Wood Johnson Foundation.

 

 

Throughout its history, Altarum has enabled better care and patient health by solving complex system problems, such as supporting the evolution of physician practices and improving access to—and treatment for—behavioral health. Now, through Payformance Solutions, Altarum has set its sights on the challenges of alternative payment models as the healthcare system undergoes the metamorphosis from fee-for-service to value-based reimbursement models. By creating the tools that enable the design, measurement and negotiation of value-based reimbursement programs, we allow payers and providers to focus on their essential mission: providing patients with access to care that yields the best health outcomes at the lowest costs.

 

 

 

Leadership

  • Linc Smith

    President, CEO and Trustee, Altarum Institute

  • Alicia M. Torres

    Chief Financial Officer and Senior Vice President, New Ventures, Altarum Institute

  • Brett Furst

    Strategic Advisor, Payformance Solutions

  • Kevin Mehta

    Chief Technology Officer, Payformance Solutions