Healing healthcare: How clinician incentives can help get from volume to value
Takeaways • Although the central tenets of value-based healthcare have not changed, in many cases implementation has been reduced to little more than reducing costs, to the detriment of clinicians and patients. • The right incentives, such as recognition and work support, can effectively inspire clinicians to deliver high value…
Commentary: Studies show how surgeon decisions follow the money
Editor's Note Financial incentives can shape surgeons’ decision-making, but their effectiveness depends on the structure of the payment model. This is the central message of a January 26 article in Forbes reporting on two studies: one linking a sharp increase in hernia cases to a simple Medicare coding change, and…
Exclusive articles preview OR Business Management Conference sessions
Editor's Note Although the term “value-based care” dates back nearly two decades, payer reimbursement models too often seem more like volume-based care. In a presentation at the upcoming OR Business Management Conference, scheduled February 10-12 at the Saddlebrook Resort in Tampa, Florida, economist Susanna Gallani, PhD, will delve into how…
Outpatient facilities dominate healthcare construction as demand for community-based care grows
Editor's Note Healthcare construction has been seeing a shift toward outpatient facilities, with medical office buildings (MOBs) and similar structures taking center stage, Building Design + Construction November 1 reports. Citing data from different sources, including the MOB/outpatient facilities 2024 survey, American Society for Health Care Engineering, JLL’s Medical Outpatient…
How data puts the ‘value’ in value-based care
What if a surgeon decided to perform a procedure on a patient that was not totally necessary? It happens more often that one might realize. As recently as August 2023, Forbes published an article that cited a Harvard Business Review report stating that over 50% of lumbar spine surgeries are…
Session: How value-based care will impact surgical services
Editor's Note Understanding the impact of value-based care on the surgical suite (VBC) will be essential for hospitals to understand as payers begin to seek partners in new payment models. In a conference session yesterday, Lauren Cricchi, associate principal, financial services at Avalere Healthcare and Katie Sullivan, senior vice president,…
Colorado-focused report shows wasteful spending, over $130M spent on low-value care
Editor's Note A new report by the Denver-based nonprofit Center for Improving Value in Health Care found that millions are being spent on tests and treatments that have limited value for patient health and well-being, KFF Health News November 13 reports. According to estimates, from 10% to 30% of the…
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