Becker's Healthcare September 22, 2023
It used to be that when you saw the doctor, you paid for the visit. And when you were screened for a condition, you paid for the test. But innovative health systems like ours helped usher in a new era — one that aimed to reward value over volume in medical care.
We began prioritizing getting patients the right care in the right place at the right time. We entered risk-based insurance contracts, in which health systems receive a flat fee to cover the cost of a patient’s care for the year, tying health outcomes to profits.
Now, more than 25 years later, we have evolved into Advocate Health, which cares for more than 2.2 million people through 108...