KevinMD July 19, 2025
Olumuyiwa Bamgbade, MD

The evolving contemporary era of value-based health care (VBHC) demands new risk leadership. VBHC emphasizes quality, outcomes, safety, equity, and stakeholder satisfaction. With these goals come complex, cross-cutting risks, including workforce shortages, clinical complications, health care staff safety, cyberattacks, and supply chain disruptions. To address the modern risk situation, health care systems must allocate resources to resilient, enterprise-wide risk governance and innovations.

The enterprise risk management (ERM) framework is the centerpiece of this modern health system transformation. The health care ERM should be led by a strategic and forward-thinking leader: the chief risk officer (CRO). Indeed, ERM and the CRO are vital components of sustainable, value-based health care systems.

The VBHC model demands a culture of safety, coordinated care, financial...

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