Value-Based Care – The Future of Healthcare

By LeRoy E. Jones, Founder and CEO, GSI HealthIn the real world, patient care is not a one-size-fits-all model. Each patient’s needs are unique, and the cost to keep patients healthy can vary widely based on medical condition and a variety of non-medical factors such as behavioral issues, economic status, and even living situation. To address these needs, the healthcare industry is evolving to value-based care, a model in which care is no longer delivered only by doctors and nurses treating patients independently, but by care teams that treat the “whole patient” across the community. In this model, providers are paid for keeping patients well. Rather than being incentivized to do more procedures, they are rewarded for improving patient outcomes and maintaining the quality of care for their population—in other words, delivering value rather than delivering services.

Value-based models deliver care through entire communities who “touch” the patient, an approach that is especially important for patients with one or more chronic diseases, because these patients are the costliest to treat. It truly “takes a village” to treat these patients—a range of providers, including social services, medical and behavioral health, and more must come together to make sure the entirety of a patient’s needs is addressed. This means that communication and care plans no longer live within the four walls of a doctor’s office or hospital.

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