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The healthcare industry’s movement away from fee-for-service care models and toward value-based care has been an incredibly gradual process. Contracting in these arrangements remains difficult for providers and payers, and clinicians continue to struggle with the administrative burden that comes along with delivering value-based care.
Three healthcare experts shared their thoughts on this issue last month during a panel discussion at the 3rd Annual Summit on the Future of Rural Health Care in Sioux Falls, South Dakota.
“Everybody keeps talking about value-based care. [They say] ‘We’re going to go to capitation. We’re going to do value-based care,’’’ said Eve Cunningham, chief of virtual care and digital health at Providence. “When you’re a health system that’s on the fee-for-service hamster wheel, it’s really hard to pivot to value-based care — so you get this little sliver of capitation that you kind of break off. Everybody keeps talking about it, and we keep saying it’s here, but the actual transformation hasn’t come.”