The Tech Barriers To Value-Based Care
The shift to value-based reimbursement (VBR) has often been described as “glacial”—steady, very slow, and reshaping the landscape in its path. And since the term was coined in 2006 by Michael Porter and Elizabeth Teisberg (see Redefining health care: creating value-based competition on results, Michael E. Porter, Elizabeth Olmsted Teisberg), we’ve seen about 19% of provider reimbursement in the U.S. move to “risk-based” reimbursement models (see 19% Of Health Care Provider Organization Reimbursements In 2021 Were Through Contracts With Downside Financial Risk).
How to speed and standardize tying health care reimbursement to performance is . . .