The VBC promise is so compelling that an increasing number of providers, payers, patients, and policymakers are doing what it takes to replace our broken fee-for-service healthcare payment model once and for all.
Value-Based Care arrangements require an unprecedented collaborative approach to contract negotiations in order to achieve improved quality and reduced cost of care.
To stay financially viable, healthcare providers need to think outside the box. That means taking a proactive approach by diversifying their care delivery options and transitioning away from a traditional hospital-only model.
As inflation continues to skyrocket, the healthcare sector is feeling the strain with an alarming uptick in the cost of operation. Currently, at 3.2%, healthcare costs are far lower than their 8.3% market counterparts; however, this won’t last long, and premiums for consumers may soon follow suit as a result of our fee-for-service system being unable to weather these economic storms.
Healthcare benefits are the 2nd largest expense employers incur—which is why they must be part of the value-based care (VBC) conversation, joining providers, patients & payers in finding solutions for rising costs and lack of transparency.
Healthcare can’t continue on its current path. It’s chaotic, inefficient, and unsustainable. To fix it takes restructuring from inside out. Value-based care strategies solve these problems and put patients first.
Chronic diseases are hurting America. Nearly half of Americans suffer from at least one chronic disease. A shift to value-based care will lead to better outcomes and better care management.
Top leaders in the healthcare industry gathered to challenge each other on how to achieve a common mission: to make healthcare more accessible, affordable, and effective.
Gwendolyn Christon, a wonderful store owner in Isom, Kentucky, was given a meaningful gift to help reopen her grocery store which had been severely damaged by the destructive floods in East, KY. Thanks to Michael Johnson’s knowledge of the community and his connection with Father Jim Sichko, we were able to be a small part of helping Gwendolyn and the community of Isom.
As the cost of healthcare continues to rise, industry leaders continue to advocate value-based care models that align payment with patient outcomes.