Under the fee-for-service model that has governed care reimbursement in the U.S. for most of the country’s history, providers are paid per procedure or service provided. This means that the money is in volume, and many providers’ revenue streams are tuned to high-volume services: office visits, outpatient procedures, testing, etc. Recent trends in healthcare’s public and private sectors suggest this is changing (if not as quickly as many physicians, patients, and activists would like). New tech, governmental intervention, and shifting patient and provider preferences are creating new opportunities for value-based care every day.
Read the full article: What’s Moving the Needle toward Value-Based Care? //
Source: https://www.definitivehc.com/blog/trends-value-based-care