Five strategies that drive higher value care
1. Reconcile economic variables.
Value-based reimbursement models are comprised of multiple stakeholders with differing agendas. While payers may be intent on bending the historical cost curve, hospitals and physicians are likely focused on incremental reimbursement and/or increased market share.
It is therefore critical that all parties share their respective “lens” and set expectations early on to ensure effective alignment down the road.