Value-Based Readiness—The Cornerstone Case Study
December 8, 2022
The shift from traditional fee-for-service reimbursement models to value-based reimbursement (VBR) is providing opportunities for specialty care provider organizations to be innovative in their treatment plans. However, it also requires new technology and data-driven systems. There is also the need to develop a new culture that reaches across the entire organization. This leaves executives wondering what it takes to be ready to engage in value-based reimbursement and how to prepare. How can provider organizations drive value-based reimbursement discussions and contracts with health plans?
That was where Cornerstone Montgomery started their journey to a value-based reimbursement model. With funding from a one-time grant, the leadership team assessed their situation using the OPEN MINDS Value-Based Readiness Assessment tool and identified tactics to bring this new mindset and core competencies into their organization.
During this one-hour executive session, attendees will learn:
- Ways to determine if an organization has value-based readiness
- How to use assessment results to identify the top actions needed for organizational preparedness
- How to incorporate identified strengths and value proposition into a market-ready pitch to engage health plans
- How to track success
Cari Guthrie Cho, LCSW-C, President & Chief Executive Officer, Cornerstone Montgomery
Cari Guthrie Cho has been working in community mental health for over 25 years, beginning on the inpatient psychiatric unit at Montgomery General Hospital (now Medstar Montgomery) and then at Threshold Services residential rehabilitation program. She worked for Johns Hopkins Bayview Mental Health Capitation Program Creative Alternatives in Baltimore for 3 years before returning to Threshold Services in 1997 where she served as a Program Director, Rehabilitation Director and Clinic Director as well as the Chief Operating Officer. In 2012, became president and CEO of Cornerstone Montgomery when Threshold Services merged with St. Luke’s House.
Ms. Cho has been actively involved in implementing evidence-based practices, including Family Psychoeducation, Integrated Treatment for Co-occurring Disorders, Motivational Interviewing, Illness Management and Recovery, Supported Employment, Stages of Change, Cognitive Behavioral Therapy, and Nonviolent Crisis Intervention. Under her leadership and vision, Cornerstone Montgomery’s budget has grown 30%, from $18 million to over $23 million. She also serves on the Board of Directors for Community Behavioral Health Association of Maryland and the National Council for Behavioral Health.
Carol Duncan Clayton, Ph.D., Senior Associate, OPEN MINDS
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