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🚀 Value-Based Care in 2024: Pivotal Changes and Trends
As we navigate through 2024, the healthcare industry is embracing transformative changes with an increased focus on value-based care (VBC).
Here are the key developments:
1. Quality and Outcomes Over Volume: Shifting from fee-for-service to value-based models emphasizes patient outcomes and quality care. Regulatory changes continue to support this trend, enhancing the focus on social determinants of health.
2. Technological Innovations: Advanced technology and data integration are crucial. AI is revolutionizing predictive care models and reducing administrative burdens, significantly improving care efficiency and quality.
3. Financial Incentives and Risk-Based Contracts: The rise of risk-based contracts and alternative payment models is reshaping financial incentives, aligning provider interests with patient health outcomes.
4. Emergence of Non-Traditional Players: Community pharmacies and home care providers are increasingly pivotal, filling gaps left by traditional care models and enhancing integrated service delivery.
5. Integration of Specialty Care: Specialty care is being more meaningfully incorporated into VBC models, driven by increased utilization and federal initiatives to integrate these services more fully into care plans.
6. Ethical AI Utilization: With AI's growing role, ethical considerations are paramount to ensure equity and avoid biases in healthcare delivery or impact the member's well-being.
These trends underscore a collective move towards a more integrated, technology-driven, and patient-focused healthcare system. Let's discuss how these changes are influencing your strategies and operations in 2024!
#HealthcareInnovation #ValueBasedCare #DigitalHealth #HealthTech #AIinHealthcare
Are you attending RISE West? Join us at Play at the Broadmoor for appetizers, drinks and some bowling! RSVP here: https://hubs.li/Q02LLRJz0
Director of National Accounts Hess Persson Winery
3moWe had a great time! Thank you for the partnership and support.