Value Driven Healthcare and Geriatric Medicine

Viac o knihe

Value-driven healthcare is the enduring legacy of the Affordable Care Act, which aimed to enhance access to healthcare, improve patient experience and care quality, and curb rising healthcare costs. Regardless of financing or policy changes, value-based purchasing will remain a fundamental aspect of healthcare. This approach rewards quality in healthcare delivery through a demand-side strategy that involves employers, public sectors, health plans, and consumers in their healthcare decisions. It incentivizes effective services and high-performing providers to deliver quality outcomes while controlling costs. Publicly reported quality metrics are essential levers for transforming healthcare delivery. Geriatric patients, who utilize a significant portion of healthcare resources, are a focus for CMS, which shapes Medicare and geriatric care models that other insurers typically follow. Innovative models demonstrating improved outcomes and cost efficiency are scaled, with lessons applied to develop new healthcare frameworks. The best data for broader value-driven healthcare comes from geriatric models, which currently offer the most robust information. This work explores the origins of value-based purchasing and contemporary geriatric care models, discussing their implications for today’s evolving health system, accountability, and risk-sharing. It targets geriatric healthcare professionals and a wider audience interested in healthc