How to Become a Value-Based Care Market Leader in 2022

While value-based care has long dominated the healthcare payment conversation, inaccessible clinical data has hampered organizations’ ability to implement this model of care.

However, as data sharing and interoperability are realized, delivery of value-based care becomes a tangible reality for many providers.

Members of the healthcare community can expect two dominant trends to drive adoption of value-based care across all verticals in 2022.

Read on to learn how to become a market leader in the evolution of value-based care.

Real-World Insights

The purpose of value-based care is to improve individual outcomes. The key to value-based care is to use technology to manage meaningful patient-centric data to promote more efficient care, resulting in better outcomes and lower costs. 

Interoperability enables the delivery of value-based care by providing healthcare organizations with unprecedented visibility into individuals under their care. Providers can then make quick, intuitive care decisions and payers can use data to engage patients.

This year, expect to see a significant increase in the number of healthcare organizations leveraging the power of real-world insights to deliver value-based care.

Expansion of Digital Health in the wake of COVID-19

It goes without saying that COVID-19 widened already-existing cracks in the foundation of healthcare. 

The pandemic, on the other hand, also accelerated the acceptance of digital health functionality, such as telemedicine or “Hospitals Without Walls,” a hospital envisioned as a digitally connected community rather than a physical space.

The rapid adoption of these practices by providers, payers, and patients demonstrates the long-term viability of these modes of care delivery.

While these measures may have appeared temporary at first, the infrastructure built to support care during COVID-19 is far from ephemeral.

Investment in digital health expansion enables providers to deliver high-quality care at lower costs, resulting in value-based care success. As this year begins and we reflect on the lessons learned from COVID-19, healthcare organizations must continue to embrace technology that connects providers to real-world insights to stand out as value-based market leaders.