Newsletter Articles | December 10, 2021
Understanding Unit Costs & Why They Matter So Much In Value-Based Reimbursement
Many health and human service executives are under the impression that value-based reimbursement (VBR) models alleviate the need for organizations to worry about unit costs and productivity anymore. This is definitely not the case. In fact, managing unit cost is just as critical, if not more, in a value-based payment environment (see Value-Based Reimbursement: The Three Strategy Questions).
VBR models are focused on realigning incentives to provide high quality service while keeping the cost of services down. And now . . .