What do we really mean by value-based care?
What do we really mean by value-based care?
There's a better way to do value-based care.
There's a better way to do value-based care.
To read more about how value-based care could double your practice’s revenue and help your patients stay healthier, share a good way to keep in touch and unlock expanded content.
To read more about how value-based care could double your practice’s revenue and help your patients stay healthier, share a good way to keep in touch and unlock expanded content.
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Value-based care looks great on paper. Physicians win – and earn more – by keeping patients healthy. But this simple concept is filled with complexity that's hard to navigate alone. These five truths can help guide how your practice approaches value-based care.
Truth 1: In value-based care, quality trumps quantity and outcomes drive income.
Do more of what you love — working directly with patients and guiding them to better health. Being rewarded for value lets you focus on what matters instead of treating patients like tasks on a to-do list. And the best part — better patient outcomes lead to increased income.
Truth 2: Data leads the way to healthier patients.
Value-based care requires better data so you can focus on the right patients and provide the most effective and preventive care. You should find yourself treating wellness instead of just sickness. And with the right partner, you can have smart technology that overlays onto your EMR so you can see coding gaps and care plans at a glance.
Truth 3: The primary care physician becomes the quarterback.
Value-based care appropriately positions primary care physicians as the patient’s quarterback and leader of their care. You’re now taking responsibility for what happens with this patient, even outside your office. You call the shots and are rewarded for it.
Truth 4: The rewards are life-changing for physicians and patients.
You should be able to bring in more revenue even while seeing fewer patients. Doctors are incentivized to coordinate care, eliminate redundant testing and avoid unnecessary procedures and hospitalizations. Patients get more support between appointments and clearer guidance on preventative care eligibility. All told, it feels like the way medicine is meant to be.
Truth 5: You can’t do it without a good partner.
If you’re a physician considering value-based care, you’ll need help to be successful. You need a partner who will shoulder the upfront financial risk, help you accurately code your patients, handle care management and patient coordination and document everything with clear performance reports.
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Value-based care is here to stay. But who you choose as a partner determines whether you will be successful.
Fee for Service | Standard Value-Based Care | The Wellvana Way | |
|---|---|---|---|
Incentivizes wellness and prevention with bonus structure based on patient outcomes | |||
Rigorous selection process helps us create a network of high-performing providers with a demonstrated history of excellence | |||
Flexible arrangements, with Wellvana taking all upfront financial risk | |||
Includes high-touch remote care management from licensed nurses that helps to reduce patient hospitalizations and readmissions | |||
Provides an experienced team of medical coding experts who audit, educate, and recommend documentation improvements | |||
Features Clarity EMR Overlay that pushes actionable insights directly onto your EMR | |||
Adds local, boots-on-the-ground team dedicated to your practice | |||
Drives improved patient experience through local educational events and outreach efforts during key enrollment periods |
