305 - Value Based Care
Value-Based Care ties provider reimbursements to the quality and outcomes of care rather than the volume of services provided. An evidence-based approach that addresses access, quality, service, and costs encourages healthcare hospitals and providers to deliver better care by rewarding them for achieving specific metrics tied to outcomes and improved patient experiences. Our panel of actuaries and clinicians (who have experience in transitioning employer-sponsored health plans from traditional pricing strategies to value-based approaches) provide their insights into the models used in these programs and the factors that drive success for patients and health systems to reduce total costs, improve care, and yet make health sustainable for all.
Speakers:
Edward M. Pudlowski
Mark F. Olson
Mr. Jeffrey Thompson