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Episodes of care are designed to engage specialists in the movement toward fee for value, while facilitating improved outcomes and patient experience and a reduction in unnecessary services and overall costs.
So I wanted to just talk a little bit about some of what we're seeing, in terms of the changing in health care environment and this shift from fee for service to fee for value.
While there will certainly be uncertainty in the healthcare delivery and payment landscape, both parties are focused on the transition from fee for service to fee for value.
Healthcare companies that are focused on growth and margin expansion are going to see increasing pressure to evolve from "fee for service" models to "fee for value" models with an emphasis on quality, low-cost outcomes.
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"We don't have enough knowledge to change from a fee-for-service to fee-for-value," he said.
These days, health care organizations find themselves crossing another ocean – from fee-for-service to fee-for-value.
Over the course of several years prior to joining the pioneer ACO program, and then continuing to the present, we have helped them develop capabilities that are relevant to any provider embarking on the fee-for-value journey.
The fee-for-value train has left the station.
This new system is called Fee-For-Value (FFV).
Yeshwant also feels one of the biggest challenges (and opportunities) in healthcare is helping healthcare organizations shift from fee-for-service to fee-for-value.
First, physicians' reimbursement needs to be aligned with outcomes (and thus the transition from fee-for-service to fee-for-value that is underway).
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