As practices financially recover from the COVID-19 pandemic, decision-makers face a perplexing problem: Should practices double down on fee-for-service contracts or explore risky yet potentially rewarding value-based care? Rick Foerster, SVP of Value-Based Operations at Privia Health, argues against this black-and-white thinking and examines tools, technology, processes, and partnerships to help practices navigate and thrive in both payment models.
Tag Archives: value-based care
Leading national healthcare organizations recently signed a joint letter to Congress in support of the Value in Health Care Act of 2021. How do the bill’s reforms aim to advance value-based care and reduce health inequities?
What are the benefits and limitations of ancillary services in the primary care setting? Two experts weigh in on how physicians can promote better health outcomes for their patients by implementing these services.
Studies show remote scribes can help reduce physician burnout, enhance patient relationships, and elevate practice productivity by alleviating administrative tasks. Here are a couple of steps physicians can take to get started.
A new study of commercially insured patients found that bundled payments lowered costs while maintaining or improving care quality. How might these innovative arrangements reduce healthcare spending?
While 2020 has proved that, when it comes to healthcare, to expect the unexpected, we’ve pinpointed three key trends to pay careful attention to in 2021.
Amid an unprecedented pandemic, value-based care made tremendous progress. How did COVID-19 demonstrate the need for value-based care while highlighting areas from opportunity and improvement?
Researchers estimate that waste accounts for nearly 25 percent of our ever-increasing national healthcare spending. What constitutes “waste” and how might bundled payments help to reduce it?
In an effort to improve outcomes and decrease healthcare expenditures for Medicare patients, the Centers for Medicare and Medicaid Services (CMS) released a new payment model to encourage regional preferred provider network growth. What should providers expect?
Health systems are pivotal in the volume-to-value transition. Frank Letherby, CEO, Health First Medical Group and Privia Medical Group — Florida, examines how health systems can serve patient-customers while gathering important data to drive performance and value-based care.