AC2021_Operationalizing Value-Based Medicine

Karen Schechter, MBA, RHIA, CMPE, Schechter Healthcare Advisors The shift in reimbursement from a fee-for-service to a value-based model continues to advance as Medicare Advantage plans, Medicare Shared Risk Programs and commercial payers recognized the advantages of tis approach. This movement, coupled with IHI's Triple Aim initiative, provides medical practices the opportunities to find ways to provide efficient and cost-effective patient care with a focus on long term outcomes. In this session we will: • Define value-based care model and its relationship to the Triple Aim • Discuss how the model may be incorporated into medical practices • Create an actionable implementation plan • Identify ways to engage the entire patient care team