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Value-based health care (VBHC) is a framework for restructuring health care systems with the overarching goal of value for patients, with value defined as health outcomes per unit of costs. [1] The concept was introduced in 2006 by Michael Porter and Elizabeth Olmsted Teisberg, though implementation efforts on aspects of value-based care began ...
In the healthcare industry, pay for performance (P4P), also known as " value-based purchasing ", is a payment model that offers financial incentives to physicians, hospitals, medical groups, and other healthcare providers for meeting certain performance measures. Clinical outcomes, such as longer survival, are difficult to measure, so pay for ...
Value-based insurance design (also V-BID, VBID, evidence-based benefit design, or value-based benefit design) is a demand-side approach to health policy reform.V-BID generally refers to health insurers' efforts to structure enrollee cost-sharing and other health plan design elements to encourage enrollees to consume high-value clinical services – those that have the greatest potential to ...
What doctors you can see.This varies depending on the type of plan -- HMO, POS, EPO, or PPO. What you pay: Premium: An HDHP generally has a lower premium compared to other plans. Deductible: The ...
3 min read. An accountable care organization (ACO) is a group of doctors, hospitals, and other health care providers that work together on your care. Their goal is to give you -- and other people ...
Three people are standing behind a fence, trying to watch a parade as it passes by. One is tall, one is shorter, and one is a small child. The tall person can see over the fence, but the other two ...
Health psychology is an essential part of preventative care. You can talk to a health psychologist without having any major issues. Their focus is on helping people achieve wellness. If you're in ...
Primary care providers are trained to prevent, diagnose, and treat conditions you may have across your whole life span. Primary care includes preventive services like diabetes and cancer ...