HealthIT Answers July 26, 2021
By John Schwartz, Chief Revenue Officer, HSBlox
Historically, the U.S. healthcare system has evolved based upon the presence of an “event”, i.e., the need for a visit – planned or impromptu – to a medical provider and/or facility. The inefficiencies, glut of utilization and exponentially rising costs that flow from it as funded by the long-standing “fee-for-service” (FFS) payment methodology have been well chronicled to date. Even with the advent of a variety of risk-share payment models, medical costs remain out of control due to the complexities of operationalizing such models across a heavily siloed healthcare continuum.
Fast forward to today. In walks Value-based Care (VBC) – a payment model that aligns desired health outcomes with funding. With the Centers...