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Michael Palantoni shares his thoughts on the opportunities and obstacles faced when making the shift toward value-based care in this Chief Healthcare Executive article. He points out the growing importance of data sharing, identifying and reducing gaps in care for patients and finding ways to cut costs to meet the needs of the new model. Read more about his thoughts here: https://bit.ly/48Y1GRs.

So great talking with Ebrahim Barkoudah, MD, MPH, MBA & learning!

Access. Engagement. Action. Adherence. Outcomes. Do these resonate with your principles for defining a framework when considering healthcare services in the home? #healthcareathome

The healthcare system is driven by the goal of delivering exceptional patient care amidst the challenges of rising costs and an aging population, prompting a shift towards value-based evaluations focusing on patient outcomes and efficient use of resources. This transformation emphasizes preventive care, early intervention, and coordinated healthcare efforts to create an effective and sustainable healthcare model. Read my new piece.

Discover how rising healthcare costs, declining hospital quality, and the growing disparity between rich and poor hospitals are shaping the healthcare landscape in this week’s newsletter. https://lnkd.in/epzayGqZ

Check out this blog post on: Navigating the Shift to Value-Based Care: Implications for Healthcare Professionals The healthcare industry is undergoing a seismic shift from the traditional fee-for-service model to value-based care (VBC). This transition is not just changing how healthcare is delivered and reimbursed; it’s fundamentally altering the roles and skills required of healthcare professionals. Understanding this shift is crucial for anyone working in or entering the healthcare field. Understanding Value-Based Care Value-based care focuses on patient outcomes rather than the volume of services provided. It aims to: – Improve patient health outcomes – Reduce the cost of healthcare – Enhance patient satisfaction https://loom.ly/eEGP8CE

Critics argue that a decade of value-based care (VBC) has failed to improve healthcare cost and quality, citing over 50 VBC program implementations collectively losing billions of dollars compared to traditional fee-for-service benchmarks. Despite challenges, proponents believe VBC is necessary given the unsustainable healthcare spending trajectory, emphasizing the need to prioritize patients, allow doctors to focus on patient care, and embrace the discomfort of change in transitioning away from the fee-for-service model. For more insights on the challenges and potential of value-based care, click here: https://lnkd.in/edCEWbV7 #ValueBasedCare #HealthcareQuality #HealthcareCosts

What are the biggest healthcare misconceptions. See the response from 98 Healthcare Executives. Including me. https://lnkd.in/eEAThqju #BeckersHealthcare @ Becker's Healthcare https://lnkd.in/eJwyMPja

The healthcare industry is riddled with administrative and regulatory complexities that make it difficult for health systems to achieve the Triple–or better yet, the Quadruple–Aim of healthcare. The complexities found in outcomes improvement are particularly challenging, as health systems measure and report on hundreds of these outcomes annually. Health systems can manage these complexities by taking a closer look at outcome measures—understanding their definitions and nuances, reviewing real-world examples, and integrating three essentials for successful outcomes measurement. @Ann Tinker, MSN, RN https://lnkd.in/dUYjF7yH

"Ultimately, when you think about that term, at its core, patient-centered care is about ensuring that healthcare systems and all of their processes are fundamentally designed around the patient’s needs or their experiences or their preferences I should say. And this approach goes beyond just treating diseases or managing health conditions. It’s about considering patients as active participants in their own healthcare, which means that any sort of treatments or healthcare plans we develop, it’s not about just focusing on clinical guidelines alone, but how do we deeply integrate that with the individual’s lifestyle or their cultural background or their personal preferences into how those treatments are actually planned and executed." -Shanil Ebrahim, Partner at Deloitte, Life Sciences & Healthcare Consulting Leader To learn more about how patient-centered care is changing rapidly, listen to Episode 110 of The Healthcare Leadership Experience: https://lnkd.in/eZi9b8zY SpendMend #patientcenteredcare #patientcare #hospitals #qualitycare #healthcareleadership