Picking The Right Data Tools Is Key To Success In Value-Based Care | OBERD
Value-based healthcare is patient-centric, meaning how patients feel about their own conditions — including quality of life and care satisfaction — should be integral parts of their healthcare data set. Future success in value-based healthcare relies on giving patients the opportunity and capability to report relevant, actionable health information.
Under the old pay-for-service model, reimbursement was based solely on the volume of treatments and services rendered. Under the new value-based model, reimbursement will significantly rely on patient-reported outcomes. Therefore, effective patient engagement and data collection are vital for gaining a more comprehensive view of a patient’s well-being.
Read the full article here.