The article, “Turning Value-Based Health Care into a Real Business Model,” presents the business case for Intermountain’s Shared Accountability approach and similar strategies designed to improve population health using a value-based care model. It lists reasons why health systems and physicians should start transforming care now rather than later: Because high-value approaches are more sustainable, more sought-after, and more responsible — they’re the right thing to do — and because it takes time for providers to gain experience with the new models.
What are the benefits of a high-value strategy? The article also cites examples at Intermountain and other systems of clinical quality improvements that contribute to enhanced value.
Leading providers are taking an “all in” innovative approach as they do the hard work of developing new organizational competencies and nurturing cultural change from within. Their new high-value models will give them a clear advantage over institutions that fail to act strategically now.
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