Value-Based Care Model
EqualizeRCM Services' Partner, Dan Gallagher, Quatris Healthco, describes how physicians can adopt value-based care models in their practices using the Triple Aim framework. Over 30 years ago a physician led group of visionaries at the Institute for Healthcare Improvement (IHI) identified the need to redesign health care. Fast forward to today we still utilize the framework created in 2007 by IHI called the Triple Aim. This revolutionary concept is known throughout healthcare and focuses on the health of a population, the experience of care for individuals within that population, and the per capita cost of providing that care. Considerations When Targeting the Triple Aim Regardless of the industry, getting paid for services provided is a timeless hurdle. It’s no different when applying this to medical practices. Sadly, it’s…