Main Library

The state of value-based care

June 21, 2024Matthew Hellinger, Ian GoldbergerMedical EconomicsVBC Development, Growth & Expansion,Managed Care

Medicare, Medicaid and private insurance are increasingly encouraging health care practices to participate in value-based care models such as Managed Care Organizations, Accountable Care Organizations and Medicare Advantage. The industry’s perspective is that paying some providers prospectively based on outcomes – rather than retrospectively based on each service provided – tends to better support patient health and reduce overall excess spend for insurers.

That’s one reason why the global value-based health care market, worth $12.2 billion in 2023, is predicted to grow to $43.4 billion by 2031 – compound annual growth of 14.6%, according to a report by market research firm Coherent Market Insights. Another report from McKinsey says that companies engaged in value-based care created around $500 billion in enterprise value in 2022, and that could rise to $1 trillion by 2027.

Full Article

Recent Posts

  • Making Value-Based Payment The Best Choice For Providers
  • Value-based care’s blind spot: The missing link few are talking about
  • CMS proposes rule aligning Medicare physician payment with ‘Big Beautiful Bill,’ MACRA
  • How ASCs can reach their value-based care goals
  • RECORDED WEBINAR: Key Concepts in IDD Health Support for Care Managers
 
  • Main Lobby
  • Exhibit Hall
  • Events
  • Exhibit With Us
  • Board Room
  • Library
  • Contact Us