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The healthcare industry is slowly moving away from a fee-for-service model to a value-based care model. But one thing that is missing in the discussions around value-based care is how it is being measured, according to Don Antonucci, president and CEO of Providence Health Plan.
“Some people say value-based care and they’re talking about affordability only,” he said in a recent interview at the AHIP 2024 conference held in Las Vegas. “Or they’re talking a little bit about affordability and quality. But they’re missing sometimes, what does the access look like? Is it the right access in addition to the affordability and quality? Is there an experience for the actual doctors and nurses and providers? … And then how does that translate to the member or patient experience in value-based care? How does value-based care start to address health equity?”
Providence Health Plan, headquartered in Portland, Oregon, has about 660,000 members. It has plans for employers, Medicare, individuals and families and Medicaid. It is part of Providence, a non-profit healthcare system with 51 hospitals.