Alleviating Administrative Burdens While Striving to Reach Value-Based Care Goals
Recently, physicians reported that they are suffering from a work-life balance and that has only been exasperated by the COVID-19 pandemic.
February 10, 2021 – Recently, physicians reported that they are suffering from a work-life balance and that has only been exasperated by the COVID-19 pandemic. Physicians are reeling from long hours, bureaucracy, and burn out and transitioning from FFS to VBP is only adding to the burden. However, engaging physician leadership is essential for any healthcare organization that is pushing for a shift to VBP.
Organizations looking to drive physician engagement and VBP adoption should focus on three main priorities:
- Providing physicians with the digital and updated tools necessary to meet new documentation responsibilities
- Establish a “physician champion” on your team to serve as the intermediary between front line physicians and healthcare organization administrators
- Align compensation models by reiterating that current FFS practices are leaving money on the table
By following these core principles, healthcare organizations can help make the shift to VBP easier for physicians.
Click here to read the full report from Med City News.
The VBP Blog is a comprehensive resource for all things related to value-based payments. We provide up to date news, informative webinars, and relevant blogs in the VBP sphere to help your organization find success.
Get even more VBP insights on LinkedIn & Twitter
More Trending Topics:
Nevada Lawmakers Approve Funding for Statewide Medicaid Managed Care
Nevada’s lawmakers step up to approve funding for a statewide Medicaid Managed Care program, paving the way for improved healthcare services across the state.
Value-Based Insurance Design Model: What the Extension Means for Consumers and Innovation
Explore what the extension of the Medicare Advantage Value-Based Insurance Design Model through 2030 means for patient outcomes and healthcare innovation.
Navigating the Next Frontier of Value-Based Payments – Home Care
An exploration of the emerging intersection of home care and value-based payments, with a spotlight on the Expanded Home Health VBP Model and its impact on health outcomes and the industry.
Category: value-based payment models
CMS Lays Out New Standards to Boost Access to Quality Care in Medicaid and CHIP
The Centers for Medicare and Medicaid Services (CMS) has proposed new standards aimed at enhancing access to quality health care in Medicaid and CHIP, a crucial step towards improved health equity.
Journey Towards Value-Based Payments Part 2: Strategies to Drive VBP Implementation
Value-based payment models have the potential to revolutionize the healthcare industry. In this blog post, we’ll delve into key strategies for successful VBP implementation in the years to come
Study Finds Inaccuracies in Medicare Advantage Provider Directories
A recent study has uncovered inaccuracies in Medicare Advantage provider directories, highlighting the need for improved data management in managed care.
Value Based Care Stories
