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Value-Based Care | CMS Value-based care is a term that Medicare, doctors and other health care professionals sometimes use to describe health care that is designed to focus on quality of care, provider performance and the patient experience The “value” in value-based care refers to what an individual values most
What is value-based care? - American Medical Association By definition, value-based care is designed to focus on five key goals: Provide the best patient experience Advance health equity Improve patients’ health outcomes Deliver health care services at a reasonable cost Support the well-being of the health care workforce
Defining and Implementing Value-Based Health Care: A . . . Value in health care is the measured improvement in a patient’s health outcomes for the cost of achieving that improvement 1 The goal of value-based care transformation is to enable the health care system to create more value for patients
Understanding Value-Based Care: Key Terms, Tradeoffs and Examples Value-Based Care: A spectrum of health care delivery models designed to realign financial incentives and other aspects of the health care system to hold providers accountable for improving patient outcomes while giving them greater flexibility to deliver the right care at the right time