With government and commercial payers accelerating adoption of risk-based models, now is the time for providers to jump in.
As the government, employers and consumers continue to campaign for lower healthcare costs and higher quality care, the pressure is on for providers to transition more of their business to value-based care contracts rather than fee-for-service payments.
“I’m bullish about the future of value-based care,” said Kevin Seabaugh, vice president and health network general manager at Cerner. “At the macro-level, the pandemic and all its aftereffects have intensified pressure to reduce healthcare spending.”
During the HealthLeaders NOW Online Summit session “Making the Shift to Value-Based Care,” Kevin Seabaugh, vice president & health network general manager at Cerner, and Emily Downing, MD, vice president of medical operations, home care services, population health and care management at Allina Health System, discussed the history of value-based care and new incentives to adopt this model.