HCCIntelligence™ Recording: Value-based Care: An Opening to Reimagine How We Deliver Care - March 2023-Webinar Recording March 22 2023 Value Based Care with Chris Dodd.mp4

Video Transcription

Video Summary

In this video webinar, the presenters discuss the topic of value-based care and how it can improve patient outcomes and satisfaction. They discuss the importance of capturing patient experience metrics such as the Net Promoter Score, as well as the need for accurate documentation of patients' burden of disease. They emphasize the role of home-based primary care in lowering the cost of care and highlight the use of metrics such as ER visits per 1,000 and admission rate per 1,000 to measure cost reduction. The presenters also touch on the importance of quality metrics and the need to address social barriers that affect patient health. They discuss the concept of joy and work, emphasizing the importance of creating a supportive work environment and having the right team, workflows, processes, and systems in place to deliver high-quality care. The webinar concludes with recommendations for healthcare providers looking to transition from fee-for-service to value-based care, including exploring additional coding options, approaching payers to share their success stories, and considering participation in value-based care models offered by CMMI. The presenters also mention an upcoming workshop series on demystifying value-based care that offers actionable strategies for transitioning to a value-based model. Overall, the webinar provides an overview of key concepts related to value-based care and offers insights into the steps healthcare providers can take to implement this model of care delivery.

Keywords

value-based care

patient outcomes

patient satisfaction

Net Promoter Score

home-based primary care

cost of care

quality metrics

social barriers

joy and work

fee-for-service