Value-based care in medicine is an approach whose goal is to produce a successful health outcome for the patient, rather than just ordering and prescribing lots of tests and treatments which may not help – and indeed may be excessive and unnecessary. The doctor gets rewarded financially for helping a patient get healthy and stay
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What Is Value-Based Care and How Does It Work?
One of the main goals of the Affordable Care Act, passed in 2010, was to try out new models of paying for healthcare in hopes of benefitting patients as well as hospitals and providers. One such model, which you may have heard while looking for different healthcare providers, is called the “value-based care” model. Let’s
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