HCCIntelligence™ Webinar: Value-Based Care: New Revenue Opportunities for Home-Based Care Practices-Zoom Webinar Recording

Video Transcription

Video Summary

The webinar discussed the topic of value-based care and the potential revenue opportunities for home-based care practices. The panelists included experts in the field, who shared their experiences with different value-based contracts and the benefits they have seen. They emphasized that value-based care is not a replacement for fee-for-service, but rather a complementary approach that allows practices to get paid for the work they are already doing. The panelists also discussed the importance of partnerships and finding the right contracting arrangements for each practice. They highlighted the need for practices to start small and gradually take on more risk as they gain experience and data. The discussion also touched on the topic of HCC risk adjustment and the importance of coding correctly to accurately reflect the complexity of a patient's condition and ensure appropriate payment. The panelists expressed confidence in the future of value-based care, noting that it aligns with the goal of providing better quality care at a lower cost. They highlighted the importance of ongoing education and staying up to date with the latest changes and opportunities in the field.

Keywords

value-based care

revenue opportunities

home-based care practices

value-based contracts

fee-for-service

complementary approach

partnerships

contracting arrangements

HCC risk adjustment