RevCycle Intelligence March 31, 2023
Accountable care organizations are the most successful value-based care models, but most programs lack adequate data collection, leading to health equity issues.
Many value-based care models have helped generate savings, reduce costs, and improve care quality, but models must incorporate health equity and clinical outcomes to achieve true value for all, according to the Association of American Medical Colleges (AAMC).
Value-based care aims to tie healthcare payments to the quality of care rather than the quantity of care patients receive. Policymakers who participate in and develop value-based care models may differ on what they consider “value” to mean, though. Some see value in both cost savings and quality, while others see value in cost savings alone.
The AAMC issue brief...
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