Value-based care (VBC) in healthcare is a model of delivering medical services that focuses on improving health outcomes and patient experience while controlling costs. The goal of VBC is to shift the focus from the volume of services provided to the quality and value of care delivered.
VBC programs may include alternative payment models that incentivize providers to prioritize patient outcomes and preventative care. For example, instead of being paid for each individual service, providers may receive a single payment for coordinating a patient’s entire episode of care.
VBC also places emphasis on patient engagement and education, encouraging patients to take an active role in their own health and wellness. By promoting preventive care, improving health outcomes, and reducing the overall cost of care, VBC aims to create a more efficient and effective healthcare system.
Overall, value-based care represents a shift in focus from the traditional fee-for-service model to a model that prioritizes patient health and well-being, resulting in better care experiences and improved health outcomes for patients.
Know anyone building innovative solutions that belong in this 'Value Based Care'?
Explore the cutting-edge strategies in population health and care management unfolding in the ever-evolving Pacific Northwest. Learn from leaders of pioneering patient care organizations about their insights from advanced value-based care delivery and payment methods, and their vision for the future of healthcare. Benefit from networking, industry insights, professional growth, case study presentations, relationship-building, trend analysis, innovation exploration, and premium networking experiences.
Leading healthcare organizations have adopted digital, partnership-focused strategies for enhanced value. The golden era of healthcare transformation is within reach. Pioneers are already on this path, gaining market dominance. To seize this opportunity, shift towards value-based care, expand partnerships, and implement consumer-centric, cost-saving tech. Join industry leaders at Reuters Events for insights and innovations shaping a more prosperous health system.
The Health Innovation Summit catalyzes healthcare quality improvement by connecting and highlighting care delivery innovators. Gathering leaders from across the healthcare spectrum, it emphasizes quality in areas like digital solutions, health equity, and value-based care. Expect insightful speakers, unique education, and an innovation-packed exhibit floor. Join for interactive learning, networking, and shaping the future of healthcare.
IT has a major role to play in at least 4 of the 6 main parts of Population Health Management for a successful outcome in a provider’s Value Based Care Effort. This webinar details out the IT enablement of Value Based Care.
- The processes that a Value Based Care effort is comprised of.
- The parts of Value Based Care that need provider-IT enablement.
- Best practices for IT to follow in order to make a VBC effort in their organization successful.
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