What is the difference between value-based care and fee-for-service?
Value-based care focuses on patient outcomes and quality of care, while fee-for-service pays providers for each service rendered.
Which model is better for patients?
Value-based care is generally considered better for patients as it incentivizes providers to improve health outcomes.
Are there any downsides to value-based care?
Yes, potential downsides include challenges in measuring outcomes and the risk of providers avoiding high-risk patients.
How does value-based care affect healthcare costs?
Value-based care can reduce overall healthcare costs by promoting preventive care and reducing unnecessary procedures.
Can you give examples of value-based care models?
Sure! Examples include Accountable Care Organizations (ACOs) and Patient-Centered Medical Homes (PCMHs).
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