The Affordable Care Act aims to reverse this trend, improving care quality and outcomes while reducing costs. Instead of the current fee-for-service model which ties payments to volume – the more patient visits and services, the more profit – it shifts the focus to value. Under this approach rewards are based on the triad of the healthcare act: cost, service quality and outcomes.
The shift from volume to value-based models is requiring that providers reevaluate how to manage their revenue cycles, and do so relatively quickly. While acute care facilities have been at the forefront of the transition, outpatient service providers like ambulatory surgery centers (ASCs) and therapy clinics must also prepare to engage in this new environment.
In this 60-minute webinar, you will hear industry experts from SourceMed discuss the move to value-based healthcare and ways for outpatient providers to adapt what they are doing today to thrive under collaborative service delivery models including: revenue cycle management strategies, data analytics, patient engagement and system interoperability.
The following questions will be addressed: