MedCity News November 3, 2024
While VBC opens the door to new care models, they alone cannot solve another key driver of healthcare costs: many people are diagnosed late in their disease progression when care costs are higher.
Value-based care (VBC) models (which I’ve previously discussed) focus on reducing cost and improving health outcomes for defined “episodes” of care, with the expected cost of these episodes determined based on health needs and care outcomes. New care models can bring much-needed economic efficiencies without sacrificing quality, which is essential for addressing the distressing fact that the United States ranks below other developed economies in a variety of health metrics, including (but, sadly, not limited to): life expectancy at birth, all-cause mortality, premature death, maternal mortality, obstetric...