HealthIT Answers March 24, 2023
By Sophia Hurr, Senior Research Analyst
Katie Everts, Research Consultant, Value-Based Care Advisory Board
Twitter: @AdvisoryBd
Everybody claims they’re partnering on value-based care (VBC). But our recent conversations with plans and providers revealed that leaders would only consider 20-50% of their contracts to be true partnerships.
So, what distinguishes a partnership from a contractual arrangement? Here are four signs your partnership may be in name only.
1. You’re only changing your payment model
Changing a FFS contract to a risk-based contract is a necessary first step in operationalizing VBC, but it’s insufficient without alignment on fundamental, long-term goals. While a risk-based contract lays out many...