Modern Healthcare September 16, 2017
The slow move away from a fee-for-service payment model toward value-based reimbursement in recent years has for many healthcare providers been a key incentive behind their focus on exploring different ways to improve the health of the communities they serve.
For organizations like New York City-based Montefiore Health System, population health management has been a part of its business model and care delivery strategy for the past two decades. The health system began taking on risk-based contracting for patient care in 1996, and now has more than 20% of its net patient revenue tied to such payment models.
Having a financial stake in keeping patients out of the hospital has helped build a trusting relationship between the provider and community...
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