Value-Based Care

With the passage of the Affordable Care Act, the U.S. health care delivery system embarked on a path of reform, both in delivery of care and payment models. Value-based health care is a delivery model in which providers are paid based on patient health outcomes versus a fee-for-service approach based on the amount of health care services delivered. At its core, the movement from volume to value is about improving quality and outcomes for patients by focusing on overall wellness and preventive treatments.

Value-based care has the ability to incentivize integration across the care continuum, which in turn promotes efficiency and creates an opportunity to develop comprehensive care plans that meet individuals’ needs. Given the benefits of value-based care to patients, providers, payers, and society as a whole, it is critical a broad array of stakeholders participates in value-based payment reforms — particularly providers that serve low-income, medically complex, marginalized, and underrepresented communities.

Questions

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