Physician engagement in value-based care strategy remains a challenge

Most healthcare industry leaders and observers agree that the predominant method of paying for care—fee-for-service—is unsustainable. With the cost of care rising every year and patients paying more out-of-pocket for healthcare services, a reimbursement method that incentivizes high quality care at lower costs is imperative.

Despite clear motivations to transition to value-based payment models, the industry still has been slow to adopt them. Some roadblocks to transition to value-based reimbursement are the complexities involved and change management required. The usual way of doing business won’t lead to success in value-based payment models, therefore, leadership and clinical staff are required to retool how they deliver services and operate.