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Value Based Care (VBC) is a healthcare delivery model that focuses on providing quality care while controlling costs. It is a form of managed care that incentivizes providers to deliver care that is both cost-effective and of high quality. VBC models are based on the idea that healthcare providers should be rewarded for providing better outcomes, rather than for the number of services they provide. This model encourages providers to focus on preventive care, chronic disease management, and patient engagement.
VBC models are becoming increasingly popular as healthcare organizations look for ways to reduce costs and improve patient outcomes. These models are also being used to improve the coordination of care between providers, as well as to reduce administrative costs.
Some companies in the VBC market include Humana, UnitedHealth Group, Cigna, Aetna, and Blue Cross Blue Shield. Show Less Read more