The healthcare industry is in the midst of a shift to value-based reimbursement, which is a dramatic change from the old model of "fee-for-service." As you make progress toward creating positive quality and cost results to ensure the best possible outcomes in your plan, keep these steps in mind:
1) Provide increased access to data
Health industry data can't (and shouldn't) be locked and guarded in the silos it's been isolated in up until now. Data must be available to the ones who can use it to improve healthcare quality while lowering costs by tracking performance and measuring action plans and their outcomes.
2) Share knowledge and learn from others
With a unified goal in mind, sharing knowledge outside of organizational walls will reduce financial waste, improve workflow, and provide evidence-based content to enable a faster, easier learning curve.
3) Develop strategies through assessment
First, determine your current status, strengths, and weaknesses. Look at your plan for the next several years and determine where you can best implement your strategies for value-based reimbursement.
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