How Value-Based Care Evolved and Where We See this Model Today
By leveraging data and technology in new or different ways, the value-based care model can ensure quality care can be delivered at a substantially lower cost.
By leveraging data and technology in new or different ways, the value-based care model can ensure quality care can be delivered at a substantially lower cost.
Value-based care is an approach to healthcare that aims to improve the quality of care and outcomes, reduce costs, and boost overall population health. But since “value-based care” is often bandied about as a buzzword to entice and comfort patients without really being implemented, we’re shining a spotlight on a few value-based care companies who...
In 1970, two physicians bucked tradition and opened a facility offering their patients a safe, convenient, and comfortable setting for relatively simple procedures that didn’t require an overnight stay. Eschewing the expensive rigmarole attached to performing procedures in hospital operating rooms, they transformed healthcare by creating the world’s first ambulatory surgery center, moving the surgical...
Decreases in reimbursements, unpredictable schedules, inefficiencies, patient inconvenience; these are a few of the many reasons physicians are moving procedures out of HOPDs and ASCs and into their own clinic-based and in-office surgical suites. Advances in surgical technology and methods along with the buzz created throughout the healthcare community about the benefits of this option...
A wholesale shift in operational systems, from government, payers, and providers, is needed to support and encourage the value-based care model that works for all patients.
We’d like to think that the two major drivers of healthcare in the U.S. are ever-advancing science and the needs of individual patients. Of course, this is a rather naïve assumption. The healthcare ecosystem is a tug-of-war between the above, but also the machinations of a byzantine and opaque system of care, the vagaries of...
It is hard to overstate the devastation wrought by the COVID pandemic. But, like all painful and tragic situations, there is something learned from such a crucible, what institutions and ideas held and what gave under pressure or revealed themselves to be illusory all along. a
Patients, like Crawford, not only get the ease of a bespoke experience, but they enjoy the added comfort of a familiar setting and costs that are a fraction of those charged by most hospitals.
One could make the argument that physician’s offices and clinics have always seen, to varying degrees, procedures performed therein. But in terms of modern medicine, surgeries and other procedures have taken place in office and clinic-based surgical suites since the 1970s, and with increasing regularity since the 1980s. Today, tens of millions of procedures are...
So, what are the common problems facing independent physicians and private practices today, and what might be done to alleviate them while improving care and lowering costs for patients?
If you are of a certain age, think back to the first time you received your annual flu vaccination. It was likely in your pediatrician or family doctor’s office. That is just as likely no longer the case today, nor is it even the norm for most people.
“If we're going to use [the Triple Aim], we can talk about things in a way that I think physicians, insurance carriers, patients, everybody can be aligned. But what's happening right now is that definition is getting skewed to how people want it to be portrayed, given their own personal priorities or objectives.”