Value Based Care

Value Based Care

Value-based care payments encourage the provider to prioritize patient outcomes over short-term profits. By using a system of payment per health unit rather than payment per service, value-based care encourages providers to take time with their patients.

The Never-Ending Cycle

Generally, patients don’t enjoy the doctor’s office. Whether it’s because of negative experiences in the past, the stress associated with going in for a health exam, or the way they are treated by their provider, patients may avoid going to the doctor unless they have a specific, sometimes serious, need.
 
Independent providers have many frustrations that the public doesn’t know about. Although they enter the healthcare field to help people, the minutia of running a practice can be a costly distraction. The way providers are compensated is based on the number of patients they see instead of how well they treat their patients. These factors lead to providers burning out and trying to get as many patients through the door as possible. Tired, overworked providers leads to a poor patient experience, which feeds into the negative perception of providers held by many people.
 
Healthcare has become a never-ending cycle that hurts many of the people involved. Value-based care has the potential to break this cycle. By partnering with IntraCare, independent providers have the freedom to do what they love, and their patients have the level of care they deserve.

Value-Based Healthcare

Value-based care, also called accountable care, is realized through a model of preventative treatment. Preventative treatment focuses on limiting as many health emergencies and wasteful expenses as possible. These interventions create both short and long-term savings for the patient and the health plan. Until recently, there was no way to compensate the driver of those savings: the provider. Now, providers can earn payments as they shift their model of service from reactive to proactive. Providers encourage patients to come in for health screenings, routine appointments, or counseling. Proactively planned visits are often more comprehensive and productive than problem-focused sick visits. Rather than trying to fit as many patients into a day as possible, providers can take more time to understand, connect, and solve. By helping patients stay on top of their health, providers strengthen their relationships with patients and can give more personalized care.

The US healthcare system is struggling. Everyone has a different idea of why, based on their own perspectives as a provider, patient, health system, or insurance carrier. IntraCare providers are committed to improving the system so patients can get better care. The way that providers are financially incentivized has a massive impact on what services they deliver to their patients. IntraCare is part of a movement to change that model, a shift toward a value-based payment system. If we want better care for ourselves and our families, we have to change the system for providers. This is what IntraCare does every day.

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For additional information on Value-Based Care, click here

Value-Based Care
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