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Explore Our Healthcare Intelligence Cloud
Learn More
Value-based Care
Power your population health program
Healthcare Experience
Drive consumer engagement & referrals
Provider Productivity
Reduce the burden on clinical staff
PLATFORM
Data Activation Platform
Sara AI
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Explore Our Healthcare Intelligence Cloud
Learn More
Value-based Care
Power your population health program
Healthcare Experience
Drive consumer engagement & referrals
Provider Productivity
Reduce the burden on clinical staff
PLATFORM
Data Activation Platform
Sara AI
Agents of Care
Partners
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Payer
Public Sector
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Access
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With rapid advancements in healthcare and technology, life expectancy has surged, driving an unprecedented demand for healthcare services. In 2023, healthcare spending in the US was projected to grow at a 5.5% annual rate—yet this growth isn’t enough to meet the needs of an aging, expanding patient population. To make matters worse, the healthcare workforce is not able to keep pace with it.
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With rapid advancements in healthcare and technology, life expectancy has surged, driving an unprecedented demand for healthcare services. In 2023, healthcare spending in the US was projected to grow at a 5.5% annual rate—yet this growth isn’t enough to meet the needs of an aging, expanding patient population. To make matters worse, the healthcare workforce is not able to keep pace with it.
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Healthcare is shifting from its long-standing model of simply billable fees-for-service to a more patient-centered model known as value-based care. This encourages an emphasis on patients but potentially leads to reduced cost and better care. In this blog, we will discuss what value-based care is, the importance of moving from a volume to a value model, how the VBC model differs from the fee-for-service model, key principles of value-based care, and the various existing value-based purchasing programs.
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Healthcare is shifting from its long-standing model of simply billable fees-for-service to a more patient-centered model known as value-based care. This encourages an emphasis on patients but potentially leads to reduced cost and better care. In this blog, we will discuss what value-based care is, the importance of moving from a volume to a value model, how the VBC model differs from the fee-for-service model, key principles of value-based care, and the various existing value-based purchasing programs.
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