Promise and Pitfalls in the Transition Towards Value Based Care
Join us for a webinar on November 17, 2022 at 11:45 AM EDT
The United States vastly outspends other developed nations on health care yet suffers from the worst health outcomes on the list. Furthermore, an estimated 30% of our healthcare dollar is “waste,” i.e., not benefiting patients’ health. While the reasons for this are numerous, the fee-for-service payment system incentivizes doing more, without any linkage to quality or outcomes. With the passage of the Affordable Care Act just over a decade ago, the Centers for Medicare and Medicaid (CMS) committed to a transition to alternative payment models designed to align incentives in support of better health, better care, and a more sustainable economy.
Earlier this year CMS set an ambitious goal of having 100% of traditional Medicare and the vast majority of Medicaid beneficiaries in a care relationship with accountability for quality and total cost of care by 2030. However, uptake of current voluntary models by providers and alignment with private payers has been less than widespread. For those who have embarked on the transformation, the transitional period of turning the business model of health care sideways has been described as having one foot in two canoes.
In this Learning from Leaders webinar, Dr. Schneider will give a whirlwind tour of how far we have come on the journey, how far we have yet to go, and lessons learned from a leadership career in this movement.
Katherine Schneider, MD, MPhil., FAAFP is the CEO of Two Canoes Health, a healthcare transformation leadership advisory firm. She has led population health improvement and alternative payment model work for over two decades as a physician executive in health systems and software companies. Most recently she was CEO of the Delaware Valley Accountable Care Organization in the Philadelphia region, serving 250,000 patients and over 2000 physicians, and was Chairman of the Board of the National Association of ACOs.
Posted on Nov 17, 2022