Preparing your practice for value-based care • Make the shift to value-based care and benefit both your practice and your patients
Whatis value-based care? Value Based Care is a care model intended to at least partiallylink paymentsto patients’ health outcomes and/orquality of care, unlike traditional fee-for-service care models.
By partnering and establishing trusting relationships with patients, caregivers, providers, and community partners, [we] are able to improve quality of life, satisfaction with care and reduce unnecessary spending. “ ” • Dr. Edgar Maldonado, Physician • Cornerstone Personalized Life Care Clinic, High Point, NC
The impactvalue-based care can have on your patients and practice • Patients More engaged patient population Improved health outcomes • Greater satisfaction with physician-patient relationship • Practice Better outcomes Greater satisfaction with physician-patient relationship Better reimbursement Cost Savings
Fivesteps to prepare for value-based care 1 Identify your patient population and opportunity 2 Design the care model 3 Partner for success
Fivesteps to prepare for value-based care 4 Drive appropriate utilization 5 Quantify impact and continuously improve
How is it working in other practices? High Point, NC
For additional resources, frequently asked questions and implementation support, visit www.stepsforward.org!