4sight Health August 14, 2024
We know that the transition to value-based care (VBC) payment models from traditional fee-for-service models has been a big yawn of late. I wrote about the most recent sorry statistics in “Catching Up on Alternative Payment Models.” No one really seems to care as they unveil yet another huge merger or acquisition or multibillion-dollar campus expansion plan.
I care just enough to feel guilty if I didn’t read all the way through a new study published in the American Journal of Managed Care on hospital strategies to reduce costs and improve quality. Improving outcomes for less money is the definition of value.
The study is based on a survey of 203 hospitals conducted by a team of health services researchers...