What is value-based care?

June 16, 2021Garrett SchmittNo CommentsAPMs, Bundled Payments, Cost Reduction, MIPS, pay for performance, SDOH, shared risk, Shared Savings, value-based care, vbc

Value-based care (VBC) is a crucial step towards improving access, equity, and quality healthcare for Americans. Since the inception of Blue Cross Blue Shield in the 1930s, the US healthcare system has relied primarily on fee-for-service (FFS) payment practices. Essentially, you go to the doctor for a specific need, the doctor serves that specific need,…

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