A portfolio approach to health care payment reform, where a set number of alternative payment models are selected for testing because they work together to reduce waste, could be a more efficient way to reduce costs and incentivize quality. Michael Chernew, PhD, of Harvard University explains the idea in a conversation with JAMA Health Forum editors John Ayanian, MD, MPP and Melinda Buntin, PhD.

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Alternative Health Care Payment Models—The Case for A Portfolio Strategy