Navigating the Waters of Value-Based Care: A Voyage Towards Population Health
Recently, the healthcare sector has been steering towards a value-based care model, aiming to enhance the quality of healthcare services while reducing costs. The focal point of this transition is to shift from a fee-for-service model to a more holistic and outcome-driven approach. This blog delves into the overarching concepts of value-based care and how it intertwines with population health strategy. A Glimpse into Value-Based Care From Fee-For-Service to Value-Oriented Model: The market is starting the evolution of value-based care, delineating the gradual shift from fee-for-service to a value and outcome-oriented model. The COVID-19 pandemic catalyzed this transition, highlighting the need for a more robust, flexible, and value-driven healthcare model. Embracing Digital Health: The role of data is transforming healthcare delivery. With new AI and EMR, analytics are quickly moving to remote patient monitoring, virtual care, and at-home care as burgeoning trends abound. These digital