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When a health system develops its own road map.

Authors :
Moore KD
Eyestone K
Coddington DC
Source :
Healthcare financial management : journal of the Healthcare Financial Management Association [Healthc Financ Manage] 2013 Feb; Vol. 67 (2), pp. 72-7.
Publication Year :
2013

Abstract

Key considerations facing a hypothetical and typical health system as it transitions to value-based payment provide a guide for systems as they undertake this transition. The health system's first step is to review its current environment and strategies and the building blocks it has in place. Next, the system needs to add more building blocks, build a financial cushion, and revise targets and dashboards. Next steps include testing value-based payment contracting, realigning incentives, implementing new care management strategies, and communicating extensively. All of these steps will be unique to each organization.

Details

Language :
English
ISSN :
0735-0732
Volume :
67
Issue :
2
Database :
MEDLINE
Journal :
Healthcare financial management : journal of the Healthcare Financial Management Association
Publication Type :
Academic Journal
Accession number :
23413672