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Value-based care in its simplest definition rests on the assurance of value for every healthcare dollar spent. The term “value” though, is open to interpretation. Which means that it is subject to each beholder’s working definition of what “value” means, and therefore the resultant expectation of a standard around it.
Over the last decade, value-based care (or VBC as we lovingly call it) has evolved and grown, but the concept continues to be haunted by generalized skepticism and age-old thinking. Here are a select few of those skeptical stances followed by alternate perspectives.