What Is Value Based Care, And Why Is The Healthcare Industry Suddenly So Interested In It?

Sai Balasubramanian, M.D., J.D.
Time Saved: 4 Min
What Is Value Based Care, And Why Is The Healthcare Industry Suddenly So Interested In It?

Many are wondering if VBC will be the next revolution in healthcare.

Value based care (VBC) focuses on delivering quality care to patients based on outcomes rather than the volume of services provided.

It contrasts with the fee-for-service model which pays based on the number of procedures done.

Supporters believe VBC can improve patient health and reduce unnecessary care, but critics argue there are challenges in implementing this model effectively.

Organizations, including startups and payor companies, are increasingly investing in VBC initiatives to improve healthcare delivery.

While transitioning to VBC may face obstacles, the aim is to create a holistic care approach that benefits patients by addressing their overall health needs.

Successful implementation requires infrastructure, resources, and widespread support, potentially leading to hybrid models that combine the strengths of both care delivery systems.