Main Library
The healthcare industry is undergoing significant changes, with the shift toward value-based care (VBC) taking center stage. As the sector moves away from fee-for-service models, rising costs and evolving administrative models pose new challenges. However, policy reforms and interoperability standards are creating opportunities to improve patient outcomes, reduce costs and streamline administrative processes. Although the road to VBC has its hurdles, the ongoing changes have the potential to transform healthcare delivery and improve care for patients across the country.
The Challenges Of Value-Based Care
Value-based care incentivizes healthcare providers to deliver high-quality care by rewarding positive health outcomes, such as reduced hospital readmissions, rather than simply paying for the number of services rendered. This shift from volume to value encourages providers to deliver care more efficiently, lowering overall healthcare spending.