Employers and their benefits consultants are increasingly embracing value-based reimbursement models as they – along with provider organizations, commercial payers, and government programs – seek more ways to improve health outcomes while reducing costs.
A key success criteria of these value-based care (VBC) initiatives depends upon the technical infrastructure that is needed to support these programs. These VBC networks should be able to:
- Enable modeling of contracts using a contract builder approach
- Enable reimbursement for participating organizations
- Digitize unstructured data
- Compile a 360-degree patient Longitudinal Health Care Record (LHR)
- Facilitate data sharing on a permissioned basis
There are several major trends impacting employers and benefits consultants implementing value-based programs.
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