Value-based care encourages teamwork and integration from physicians and hospitals, because instead of being paid by every service they perform, they receive a single, bundled fee.
Under this fixed payment system, physicians and hospitals are motivated to keep patients well and out of the hospital, and keep costs under control. When they do a good job of caring for patients and keeping them healthy, they benefit by keeping more of the single, bundled payment. If they don’t do a good job, they may lose some of their payment.
With value-based care, primary care physicians are often the front line of the healthcare system, responsible for preventing or finding health issues early and acting quickly to address them. This creates a greater need for teamwork with other physicians when it comes to care coordination and integration.
At Carelon Health, our advanced primary care puts primary care doctors at the center. They’re supported by a local team of advanced-practice providers, nurse practitioners, nurses, specialists, pharmacists, behavioral health clinicians, social workers, and community health workers. The entire team is committed to a patient’s whole health.