Part 1: Defining Value in Healthcare Value-based care, a term largely attributed to Michael Porter and Elizabeth Teisberg, is the idea of structuring incentives to
Throughout the history of U.S. healthcare, the predominant mechanism for financial compensation has been fee-for-service: hospitals, doctors and providers have been compensated based on the
As Medicare programs move toward risk-based contracting, there will be challenges in care coordination across these transitions. Accountable Care Organizations (ACOs) and Direct Contracting Entities