RevCycle Intelligence April 6, 2017
With healthcare consumerism and value-based purchasing on the rise, primary care practices are turning to retail clinics, concierge and direct medicine, and home-based care.
Primary care providers are facing significant and oftentimes conflicting challenges in response to two major healthcare trends: value-based purchasing implementation and the rise of healthcare consumerism, a recent Journal of Internal Medicine article stated.
In the article, UPMC Health Plan’s Chief Medical Officer William H. Shrank, MD, explained that many primary care practices are transforming their business models to respond to value-based purchasing models.
“Primary care physicians seeking to transform their business model to one of value-based purchasing face a seeming challenge from the new demands of an empowered healthcare consumer,” he stated. “The tension...
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