Healthcare organizations continue to accelerate their adoption of value-based care (VBC) programs, replacing the traditional volume-based fee-for-service system with value-based ones that reward better health outcomes and lower costs of care. McKinsey estimated in a recent report that “the number of patients treated by physicians within the value-based care landscape could roughly double in the next five years.”
While the benefits of VBC payment models are clear and compelling, these models in and of themselves can’t automatically transform the healthcare industry, or even an organization. They must be accompanied and enabled by several digital capabilities.
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