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As value-based care becomes commonplace throughout the U.S. healthcare system, physicians and practices are learning how to lean into the trend.
Here are seven practices and physicians leaning into value-based care in 2024:
1. Sterling Elliott, PharmD, assistant professor for orthopedic surgery and clinical pharmacist lead at Northwestern Medicine in Chicago, told Becker’s that he is focused on value-based care this year. “I’m looking at ways to optimize value with the prospect that value-based care is the emerging direction in the American healthcare landscape,” Dr. Elliott told Becker’s. “Revenues are critical to the financial wellbeing of the business model, and when change steamrolls through, adaptation will reign supreme. Change is scary and uncomfortable, but finding ways to capitalize can have widespread benefit. In the end, finding innovative approaches to patient care services sets us up to provide high quality patient care and safeguard the stability of our economic landscape.”
2. New York City-based Hospital for Special Surgery announced a collaboration with Best in Class MD to launch a bundled surgery program for orthopedics. The Best in Class MD value-based surgical bundle program is designed to serve as an intermediary to worker’s compensation carriers nationwide.