HealthLeaders Media March 20, 2023
‘The fee-for-service model does not create a competitive dynamic in the fees that are charged broadly across the healthcare system,’ Murphy says.
KEY TAKEAWAYS
Start conversations about value-based care by focusing on the quality of care and economics.
Gather data on high-risk patients to manage patients in the most efficient way.
There is no denying that healthcare in this country is expensive and often unaffordable, which could lead to the delaying of care, increased medical debt that forces hospitals to take legal action against patients, and many other financial issues that hurt both providers and patients.
So, what is the healthcare industry doing to solve this?
CMS and payers have long been pushing for the...