•Value-Based payment programs reward healthcare providers with incentive payments for the quality of care they give to people.
•Value-Based programs support better care for individuals, better health for populations, and lower cost
•Benefits (PROFESSIONAL):
emphasize prevention and wellness, in addition to treatment;
focus on improving outcomes;
help patients navigate the healthcare system;
invest in practice transformation (digitalize)
•Benefits (PATIENTS)
limit duplicative testing;
avoid polypharmacy;
avoidable Emergency Department visits;
increase adherence to care plans and medication; and
improve patients’ quality of life.
Value-Based Care shifts the focus of payment from the individual clinic visit (usually to treat an illness or injury) to person-focused payments, which reward the clinician for keeping people well and achieving better outcomes when measured against benchmarks of quality and value.
