Moving Health Care From Beds To Wellness
One of the big cultural changes happening in health care is moving from "volume" to "value" in reimbursement. The volume of services is still the focus of provider organization management teams when it comes to profitability and sustainability. But, with the increasing use of value-based reimbursement models (VBR), the metrics for sustainability and profitability are shifting. Value-based reimbursement and other alternate payment models increase the āfinancial returnā of achieving other goalsāreduced total cost of care, reduce readmission rates, and reduced use of emergency rooms, to name a few.
This is a sea change in financial sustainability models . . .