As we’ve talked about in our previous blogs on value-based healthcare and accountable care organizations, healthcare as an industry is facing big changes. To complete our trilogy on how the business of healthcare is changing for providers and patients, we are going to look at price transparency in healthcare. This is an issue that came…
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Price Transparency in Healthcare
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Accountable Care Organizations: What You Need to Know
Accountable care organizations, or ACOs, are groups of physicians, hospitals and other healthcare providers that work together to provide coordinated care for patients. Providers collaborate to give patients the right care at the right time. Following the philosophy of value-based healthcare, patient care is focused on patient outcomes rather than the number of services provided….
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What are the Benefits of Value-Based Healthcare?
The rising cost of healthcare is a top concern for most Americans, and that includes healthcare providers as well as patients. In the last several years, there has been a shift from the traditional fee-for-service (FFS) model to value-based or pay-for-performance in some areas. In the FFS model, physicians and other providers are paid based…