Value-Based Healthcare

Value-based care is a form of reimbursement that ties payments for care to the quality of care provided and rewards providers for both efficiency and effectiveness. It has emerged as an alternative and potential replacement for fee-for-service reimbursement, which pays providers retrospectively for services delivered based on bill charges or annual fee schedules. A patient in a value-based healthcare model will have fewer doctor’s visits, medical tests, and medical procedures because the patient-centered approach is built around the patient’s goals.

For more information about value-based care, please refer to the Value-Based Healthcare Brief. Real-world scenarios are also included to illustrate examples of how patients benefit from value-based care.