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Value-based care remains a top priority in the shifting landscape of US health care, as emphasized during a recent session at the National Association of Accountable Care Organizations (NAACOS) fall conference.
The discussion brought together payers and providers to explore the challenges and opportunities in improving patient outcomes while reducing health care costs, with a focus on aligning reimbursement models to encourage quality care over service volume.
Geoffrey Nicholson, MD, senior vice president and chief clinical officer of population health at WellSpan Health, emphasized that managing financial sustainability during this shift is no small task.
“It’s important to give ourselves some grace on just how hard this is,” Nicholson said, highlighting the strain from labor shortages, rising costs, and other challenges. Despite these difficulties, Nicholson noted that value-based care aligns with the way providers prefer to practice, adding, “It’s the type of care I want to give as a physician and receive as a patient.”