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As value-based health moves from philosophy to reality, providers, payers focus on equity and interoperability

As value-based health moves from philosophy to reality, providers, payers focus on equity and interoperability

July 17, 2023Paige MinemyerFierce HealthcareRisk Management,Social Determinants of Health (SDOH),Cost Containment/Reduction,Data Quality and Validation,Community Health Solutions,Interoperability,Health Equity,Retail Acquisitions

Equity was at the forefront of Reuters’ value-based health conference in Philadelphia last month. Over two days, executives from accountable care organizations, health systems and payers spoke about interoperability, population health, social determinants, the cost of care and taking on risk.

Across the board, speakers agreed that the transition to value-based care (VBC) is both inevitable and critical to improving the healthcare system. While to date, adoption of VBC has been relatively slow, some predicted that is soon to change, spurred on by federal efforts.

“Things take longer to happen than you think they will, and then they happen faster than you thought they could,” Don Calcagno, chief population health officer at Advocate Health, said in his presentation, quoting an economist. “He is spot on.”

Here are Fierce Healthcare’s biggest takeaways from the event…

Full Article

: FFS

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