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Finding the Cure for Data Interoperability in Value-Based Care

Finding the Cure for Data Interoperability in Value-Based Care

October 15, 2024Ashay ThakurMedCity NewsData Aggregation, Analytics, Quality, and Validation,Interoperability

The fee-for-service (FFS) payment model that has been the norm in healthcare for decades may finally be on its way out, with many physicians and hospital leaders leaning into value-based care (VBC). However, the path to a VBC future remains challenging, particularly as organizations must face one of the biggest hurdles: data sharing and interoperability.

Smooth and reliable data exchange is crucial for adopting VBC, yet it is fraught with challenges. Healthcare delivery organizations struggle to provide coordinated care with:

  • Fragmented data systems with little to no visibility into data from outside organizations
  • Inefficient communication tools to connect payers and providers
  • Limited patient engagement and high levels of patient frustration as they attempt to navigate the fragmented data landscape
  • No centralized, transparent way to share enriched, harmonized data on members and patients

Full Article

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