In this episode, we are joined by Tyler Perper, Senior Analyst at VMG Health, and Madeline Noble, Analyst at VMG Health, to discuss how the growth of value-based care (VBC) is transforming the delivery of healthcare. Tune in to learn about the latest transactions and deals in the market and how the pandemic has acted as a catalyst to the healthcare delivery transformation from the fee-for-service model to the VBS delivery model. Hear insights on the major successes and pitfalls from the vertical integration of VBC providers. This episode is sponsored by VMG Health.
Summary
The Shift to Value-Based Care in Healthcare Delivery
Introduction
Join Senior Analyst Tyler Perper and Analyst Madeline Noble from VMG Health in this episode as they discuss how the growth of value-based care is transforming healthcare delivery. The podcast digs into the latest transactions and deals in the market and examines how the pandemic has acted as a catalyst for the healthcare delivery transformation from the fee-for-service model to the VBS delivery model.
The Shift to Value-Based Care
It's evident that there have been remarkable changes in the healthcare sector since the advent of value-based care. Transactions like CarMax's acquisition of Stewart Health's Medicare Advantage business, Amazon's acquisition of One Medical, and Optum's merger with Change Healthcare have demonstrated the shift to value-based care in the market. The pandemic has further emphasized the need for collaboration, telemedicine, and data analysis among healthcare stakeholders.
The Successes and Pitfalls of Vertical Integration
Vertical integration of value-based care providers has led to both successes and pitfalls. The success of this is evident in the increase of the adoption of value-based care models and technology developed to make VBC models easier to implement. However, there are several pitfalls, including competition from large corporations, political pressures against privatizing Medicare Advantage, and convincing providers to move away from traditional fee-for-service models.
Adapting to the New Normal
Traditional healthcare providers such as hospitals and health systems have been reacting to the vertical integration of insurers and retail healthcare players by setting up total capitation contracts. However, smaller providers may need to invest in technology and data analytics and partner with technological partners to join this movement. Smaller providers still have the upper hand in terms of providing quality care to patients. Adapting to the new norm is the way forward.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 11/02/2022 and can be listened here.
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