Value-Based Care Benefits Patients and Physicians, New Report Shows
Retrieved on:
Wednesday, November 15, 2023
Hospitals, Health, Practice Management, Managed Care, Health Insurance, Medicare Advantage, Human, Research, NYSE, FFS, Organization, Nursing, Pharmacist, Risk, Patient, Multimedia, Value, Emergency department, Social, Medicare, Physician, Hospital, VBC, Health insurance, Pharmaceutical industry, Medicaid, Humana
View the full release here: https://www.businesswire.com/news/home/20231115915607/en/
Key Points:
- View the full release here: https://www.businesswire.com/news/home/20231115915607/en/
The 2023 report shows that Medicare Advantage (MA) patients receiving care under value-based arrangements spent more time with their primary care physician and were more likely to receive preventive care, with fewer hospitalizations. - "As our report shows, this smarter healthcare model improves outcomes for Medicare Advantage members and allows primary care physicians to practice medicine at the top of their license and develop meaningful relationships with patients.
- The Value-based care model (VBC) reimburses clinicians for the quality of care they provide with a focus on preventive care and better patient health outcomes.
- Specifically, value-based care patients completed preventive screenings at a 14.6% higher rate than Medicare Advantage members not in a value-based care arrangement.