Medical Economics July 24, 2024
Focusing on outcomes rewards patients and providers alike.
Momentum for value-based care grows as physicians gain more experience with value-based models and commit to improving outcomes – rewarding patients and providers alike. Investing in value-based care allows physicians to spend more time with their patients and, in doing so, deliver high-quality care that takes patients’ needs and preferences into consideration. Patients, providers and payers see the benefits of this approach, but deciding on the appropriate model and making the transition can present a significant undertaking for physician practices. Some providers are understandably hesitant. However, the potential return on investment in cost savings, care quality and physician satisfaction provides a strong business case for practices to consider making the switch—and they...
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