A Value-Based Payment (VBP) initiative can be an opportunity to restructure and grow. With careful planning, an analysis of outcome metrics and risk, transformation to new service models, and readiness to capture responsiveness to value measures, VBP can help in formalizing treatment practice and developing innovative, cost-effective care.
Whether your agency is preparing to be a lead, be a network provider or be a linkage partner, having a salient value statement is essential. It must address key strengths, opportunities, outcomes, risks and responsibilities. It must be versatile as well as specific in citing relevant impact on cost of care and alignment with population risk variables.
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