Value-based care (VBC) organizations specialize in improving the quality of care while controlling costs. This risk-based model places an emphasis on delivering better patient health outcomes.
Investment in VBC increased nearly 4X from 2019 to 2021. Last year CMS announced their goal to shift 100% of MA members to accountable care by 2030. With significant growth and expansion forecasted, VBC organizations are uniquely positioned to impact more beneficiary lives, but demand must synchronize with supply.
Physicians adopting VBC models are needed to accommodate this growth. With more research pointing to better health outcomes within VBC than the traditional fee-for-service models, adoption will inevitably occur at an expedient rate. Leaning on advances in technology to improve patient education and awareness while scaling staff services is critical in accommodating expansion and mitigating provider burnout. Annual Wellness Visits (AWV) enable providers to connect with patients to understand and monitor their conditions, assess additional preventive care needs, and manage risk through HCC code recapturing. Adequate preventive care and disease management reduce risk and scale provider time and resources by ensuring patients are being properly monitored.
Implementing innovative technologies such as omnichannel conversations, and AI to communicate and educate patients on what, when, and where to seek care can conserve provider resources, and improve quality.
- Leonard Lindenmuth DHA, VP of Strategy & Population Health, Basset Health
- Aram Khodiguian, Director of Value-Based Care Initiatives
Key Discussion Topics:
- The expansion and forecasted growth of VBC Organizations
- How this expansion impacts providers and health systems
- How technology can scale this growth while enhancing what VBC organizations excel at most: better health outcomes, preventive care, and quality care performance
- Leaning on AWVs to continually deliver better health outcomes while scaling provider and health system resources