Second Opinion September 16, 2025
Why “Power Law” venture math is more challenging for value-based care, versus fee-for-service, and whether AI will make a difference
Thank you to B Capital’s Adam Seabrook for saying the quiet part out loud. We talk ad nauseam about value-based care at events and conferences, but the fee-for-service payment model continues to dominate. Most of us agree that value-based care is where healthcare should be going in the future, but progress has been slow because it’s easier said than done. It’s my personal view that until we can put pen to paper and explore what is required to invest in value-based care – longer timelines, heavier capital requirements, and so on – then the opportunity won’t get the allocation...







