July 12, 2024
Putting Patients First: Navigating the Shift to Value-Based Care
You’ve heard that you should probably consider value-based care for your practice—but don’t know exactly where to begin.
Reducing burnout from administrative tasks and red tape is vital. So is making sure that transitioning to value-based care doesn’t create more work that distracts your team from patients.
Considering the transition from fee-for-service, your practice may be overwhelmed with the number of value-based models to choose from—as each model brings its own benefits, requirements, and levels of risk. You may wonder how adding value-based care impacts staffing and administration. And will implementation change practice patterns and create new burdens?
You need a reliable, experienced partner to make sure your practice and patients get the most out of the journey to value-based care. Collaborative Health Systems (CHS) can help your independent practice move confidently from volume of services to value of care so you can continue serving your patients now and for years to come.
Accountable care organizations—the major player in value-based care—outperform fee-for-service across 81% of clinical quality metrics, including reducing costs, lowering hospital readmissions, and reducing emergency department visits. Accountable care models allow providers to be more intentional about the care they provide by better managing time and building patient trust, without having to meet patient quotas to ensure payment.
The CHS Difference
CHS’s expertise across plan types, payment models, and geographic markets has enabled more than 2,800 providers of all backgrounds to succeed in value-based care. New models are continuously released, and evolving data, resources, and support tools make it easier than ever to make the transition.
CHS prioritizes patient and practice safety by mitigating risks, bearing administrative burdens, and working person-to-person to provide secure and high-quality reporting. Above all else, we recognize that every practice is different. Providing patient-centered care requires personalized solutions, and collaboration is essential on all fronts. Our tailored approach is proven, helping provider partners generate more than $550 million in savings to Medicare since 2012 while achieving stellar patient outcomes.
CHS offers a pathway to succeed in value-based models because we are driven by the same goal as our physician partners: providing high-quality care and ensuring practices and patients thrive in the long run.
Transitioning to value-based care can be a cultural shift—but you don’t have to go it alone.
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