Value-based care models are being implemented in the healthcare industry to improve health outcomes, reduce costs, and increase satisfaction for patients and clinicians. Healthcare companies are considering taking on financial risk in contracts, while payers are exploring payment innovation to align incentives. Health systems are looking for vendors who are willing to invest in the partnership and share risk, making them more attractive potential partners. In pursuing value-based contracts, providers must choose payers who offer protection against changes in regulations that may impact revenue and quality measures. Early detection and intervention can lead to cost savings and improved outcomes, as seen in examples like Caption Health’s AI-guided echocardiograms.
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Is the Healthcare Industry Embracing Risk in Its Contracts?
