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Discover Top 5 Value Based Care Trends For 2021

As the healthcare world has been begun moving from fee-for-service to value-based care, here are the main 5 value-based care trends for 2021.

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Discover Top 5 Value Based Care Trends For 2021

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  1. DISCOVER TOP 5 VALUE BASED CARE TRENDS FOR 2021 www.capminds.com

  2. INTRODUCTION • Value-based care is becoming a major topic in healthcare. • The quality of healthcare delivery in terms of patient outcomes differs among hospitals. • However, the outbreak of the COVID-19 pandemic exposed the limitations on a fee-for-service reimbursement and created pressure to focus on value-based care.

  3. Top 5 Value Based Care Trends For 2021

  4. 1. Increased ROI In Value-Based Care • As the demand for quality healthcare increased during the COVID-19, the providers who invested more in value-based care have been better able to drive more revenue today. • The new regulations and care delivery technologies like remote patient monitoring and telehealthcreate an opportunity for providers to realize a more rapid rate of return on investment in value-based care.

  5. 2. Digital Health In Value-Based Care • The federal and state governments offered various opportunities to deliver quality care via telemedicine and other digital health tools in times of emergency.  • Providers who have invested in value-based care programs similarly provide an opportunity to offer quality care in a low-cost system,

  6. 3. Innovation In Value-Based Care Models • 2021 presents new opportunities and innovation in both value-based payment and value-based care delivery models.  • This kind of model focuses more on understanding what the patients need in terms of short term and long term. • Results in increased patient engagement, improved patient outcomes, and reduced cost.

  7. 4. Social Determinants Of Health Is Emerging More • The social determinants of health data - for creative ways to manage patient care through value-based models.  • By solving issues like transportation, housing, food, etc – both physicians and payers are now able to realize the benefits in improving patient outcomes while keeping the healthcare delivery costs relatively low.

  8. 5. Interoperability Revolutionizes Value-Based Care • Advancement in technology is a key to achieve success in value-based care. • How value-based care models should be designed? • It should be in a clear, mutually beneficial system that puts patients as the main factor and makes it easy for patients and providers to access all the relevant health information across the care continuum.

  9. CONCLUSION • As healthcare providers and payers are moving towards the revolutionary changes in healthcare, we can expect a tremendous interest in value-based care. • Making the better transition to the value-based care models can be challenging. • But the success of your healthcare organization and the well-being of your patients make it the right effort to the shift.

  10. Read More About Medical Billing & EHR @ CapMinds Healthcare Blog

  11. CapMindsValue Based Care Services Contact us CapMinds Technologies 42240 Mason Ridge Ct, Brambleton, VA 20148 +1 571.213.3245 info@capminds.com https://www.capminds.com

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