Value-based care requires providers to meet specific quality performance metrics. Failure to do so can negatively impact financial reimbursements and disappoint patient expectations. But even with these penalties, some organizations struggle to adopt this approach to primary care, as the course to do so isn't always straightforward.
Focusing on four key objectives, though, can help providers implement value-based care. They can act as a roadmap.
At ThoroughCare, we've helped more than 600 clinics and physician practices transition to the value-based performance model. Our software solution provides the digital infrastructure necessary for care coordination and patient-centered treatment.
As we continue this series of videos, we'll explore the third value-based care objective, reducing readmission rates. We'll show you how care management and wellness programs, such as Transitional Care Management (TCM), can help address it.
Objective #3: Reduce Readmission Rates and Risk
A key objective of value-based care is to reduce readmission rates and reduce risk. So, how can this be accomplished? In this video, we'll explore how Transitional Care Management (TCM) can inform how you accomplish this goal.
--
In part one of our video series, we covered lowering patient costs and improving outcomes.
In part two of our video series, we covered improving patient engagement and satisfaction.
In part four of our video series, we cover bettering the overall health of a patient population.
