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Many academic medical centers (AMCs) struggle to find success with risk-based contracts. The FFS operating model, combined with financial challenges and lack of strategic alignment across various stakeholders, can hold AMCs back from fully committing to the change required to fully embrace value-based care. The required shift in culture and finance can seem overwhelming, but there are ways to make the adjustment easier.
With an understanding of the best staff engagement strategies for your clinics, the VBC models available to you, and an action plan for managing change, your AMC can see success in VBC that provides better care while reducing costs and driving revenue.
Here are five requirements for success that can help you implement VBC strategies at your AMC…