Gary Taylor, Healthcare Facilities, Managed Care, & Emerging Payor/Providers Analyst and Head of Thematic Content Bill Bird discuss Value-Based Care (VBC).
Much of the healthcare spending in the U.S. is uncoordinated, wasteful, and influenced by financial incentives. Value-based care (VBC) aims to change this by restructure healthcare payment incentives & delivery based on quality, outcomes, and total cost instead of payment for each individual service provided. Over the coming decade, trillions of dollars of healthcare spending will be redefined by new business models such as VBC.
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