The business of health care has been turned upside down – the industry is quickly transitioning to a payment system based on the quality of patient care.
What does this mean for health care providers? With the risk for the cost and quality of care transitioning to providers, new challenges are presented to all providers involved with the care of each patient:
- Shared payment risk
- Coordinated care
- Integrated quality measurement and reporting
All providers must now be more integrated and co-dependent to ensure care is provided with high quality outcomes at lower costs and with a measurable, positive patient experience.
In the below Brown Boarding Business Video Series episode, Ron Present, Partner and Health Care Industry Group Leader, discusses how setting up a Health Care Value Network ensures geographic coverage and survival for health care providers.