The Speed of Transformation: Preparing for the Payment Models of Tomorrow

For health care organizations in the United States, the question isn’t whether they should embrace a risk-based care model but rather how fast they should do it. With reimbursements increasingly linked to patient outcomes, it’s a business strategy providers can’t afford to contemplate for long without jeopardizing the sustainability of their organization.

While risk-based contracts have accounted for a small percentage of hospitals’ reimbursement arrangements, recent shifts in the market indicate that this is poised to change. Payments based on the quality, not the quantity, of care provided will become more commonplace, increasing providers’ financial risk. Even health systems that have elected not to operate or join an accountable care organization (ACO) are experimenting with new payment models tied to quality and cost targets.

“With adjustments to payment incentives likely to continue, now is the time for providers to accelerate their preparations for value-based care.”

With adjustments to payment incentives likely to continue, now is the time for providers to accelerate their preparations for value-based care. This white paper will examine how, by effectively managing their evolving business models and supporting their physicians and patients through the change, organizations can more quickly reach the goal of bearing more clinical and financial risk.

Download the white paper, “The Speed of Transformation: Preparing for the Payment Models of Tomorrow,” to understand:

• The key drivers of change

• Risks vs. rewards

• Requirements and considerations in value-based contracting

• Challenges of value-based contracting

• Managing business and cultural change

• Methods to obtain Physician buy-in

• Managing change among patients