Building A VBR Business Plan—The Magellan Approach
Adopting a value-based reimbursement strategy is important, and many provider organizations have gotten that message—about 58% of specialty provider organizations are getting some revenue from value-based reimbursement agreements, and 9.3% have 20% or more of their revenue coming from VBR—a big change (see 2019 OPEN MINDS Performance Management Executive Survey). But as many health and human service provider organizations are learning, accepting the contract simply isn’t enough. Executive teams need to look beyond the requirement of “the contract” and build whole business models that contribute to the push for value in the delivery system . . .