
@ShahidNShah
There are many emerging value-based care models in healthcare that are shifting the definition of what professionals have understood it to be. Equality Health is one example of a VBC success story to tell that offers a different view of value-based models – and holds some lessons that healthcare executives can learn from.Equality Health labels itself a VBC "enabler" with a Medicaid-first care model that provides technology and people support to independent primary care practices in underserved communities with the aim of making them successful in VBC.The "VBC enabler" built its Medicaid-first care model and business approach on this intent: aligning healthcare delivery incentives with the interests of patients to improve patient outcomes and create real value in healthcare.
The traditional fee-for-service [FFS] system rewards the volume of services over quality care and improved health outcomes.In contrast, VBC takes a holistic approach to patient care with the goal of improving outcomes and eliminating unnecessary spend. So, from a definition perspective, I like to think of VBC as a model of care that emphasizes proactive and preventive care, encouraging providers to understand patients from a comprehensive biopsychosocial perspective, beyond just their illnesses.
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