An analysis by McKinsey and Co. found healthcare cost savings ranging from 3% to 20% in value-based care, leading to an industry-wide savings opportunity of $1 trillion. Streamlined collaboration between payers and providers, enabled by the right technological tools, can support evidence-based treatments at the right price. Ultimately, this can improve outcomes and value for payers, providers and the player who matters most—the patient.
Value-based care arrangements require that payers and providers build strong partnerships, collaborate effectively, and adopt technology that streamlines data sharing and optimizes workflows. Payers and providers can work together to implement basic strategies to kick-start the collaboration process to effectively manage the total cost of care.
Read this white paper to learn five ways to optimize your valued-based care arrangements.