The tepid relationship between health equity and value-based care became all too real during COVID-19. Vulnerable populations were severely impacted by the pandemic, resulting in higher infection rates and deaths.
Unlike traditional fee-for-service healthcare, VBC emphasizes keeping people well over “sick care.” As a holistic approach to healthcare, VBC can leverage social determinants of health (SDoH) to develop individualized care plans and to inform population health strategies.
To fully leverage SDOH information and provide more complete services throughout the care continuum in support of value-based care, payers should include community-based organizations (CBOs) in their value-based care network contracting strategies. Doing so creates a broadened, higher performing set of resources to keep people healthy and at home. Read More
Value-based administration for whole health in the home and in the community is what we do at HSBlox. It's about leveraging social determinants of health (SDoH) to implement value-based care. True and successful value-based administration operationalizes the value-based care continuum of capabilities that exist where value-based care and precision health intersect to create value-based plan design. Read More
There’s a growing awareness among employers, community advocates, and the public health sector that issues of diversity, equity, and inclusion (DEI) must be addressed in the healthcare ecosystem if we are to implement genuine value-based care (VBC).
The healthcare industry does a lot of things right, but it has struggled to influence the social conditions, behaviors, and daily activities occurring outside medical facilities that directly impact the health and well-being of patients and plan members. By integrating the episodic care and SDOH platforms, providers and payers have both a comprehensive view of the individual and resources that allow them to impact behaviors at the street level. Read More
It has been clear for years that social determinants of health (SDOH) – factors such as education, economic and housing stability, community support, and access to transportation – have a disproportionate impact on health outcomes. Research shows that SDOH accounts for up to 80% of health outcomes, while medical care – which costs the U.S. nearly $4 trillion annually – accounts for the balance. Read More
Providers and payers need data to address social determinants of health effectively. But that data is often siloed, unstructured and difficult to use.
If payers and providers could leverage a comprehensive medical and social longitudinal health record (LHR) that includes SDOH data and enables them to connect patients with community support resources, they could reduce healthcare costs while improving lives. Such an approach would make SDOH data securely available to clinicians at the point of care, giving them a holistic view of the patient. Read More