6. Effective integration: More than 75 percent of providers participate in at least one value-based payment model today, and 60 percent see them as the dominant model going forward. Many providers, however, are struggling to integrate VBC practices into their workflow and daily operations. Most providers identified the lack of timely data and information sharing as a significant barrier to success. The ability for providers to understand the risk and optimize value-based payment models in their practices would need technology and data integration.
These diverse challenges may seem daunting, but the value of implementing them far outweighs the cost of inaction. Effectively harnessing the power of your data, engaging stakeholders at all levels, and integrating VBC practices into your daily workflow are foundations toward the transition to value-based care and population health management.