Medical Economics September 20, 2024
Commonwealth Fund experts consider value-based care, but it’s likely not a magic bullet to reduce administrative costs or friction.
As the United States trails in rankings of health care systems of developed nations, value-based care could improve patient outcomes, but might not smooth out administrative efficiency.
This week, The Commonwealth Fund published its latest “Mirror, Mirror 2024: A Portrait of the Failing U.S. Health System.” The report shows the U.S. health care is falling behind – in some instances, way behind – nine other developed nations, according to 70 performance measures of access to care, care process, administrative efficiency, equity and health outcomes.
So, how does value-based care fit into the health care quality equation?
The American Journal of Managed...