Medical Economics September 20, 2024
To transform the promise of value-based care into reality, the health care industry must truly work together and accelerate the implementation and adoption of this impactful care model
Over the past two decades, value-based care has been championed as an alternative payment model that prioritizes quality over quantity. This approach was predicted to be transformative to the health care industry and was set to revolutionize healthcare quality and payments. The idea was so appealing that, in 2014, a substantial 72% of health care executives were confident that the industry would transition from volume- to value-based care. That same year, a survey of U.S. physicians projected that half of their compensation over the next decade would be tied to value-based models....
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