Creating a Sustainable Future for Value-Based Care
AHIP, the American Medical Association, and NAACOS established a collaboration to identify principles and voluntary best practices to foster sustainable success in value-based care. Created for both current and future participants in VBC arrangements, the playbook is intended to advance the adoption of VBC payment arrangements in the private sector that could improve the quality, equity, and affordability of care, and ease participation.
The second phase of the effort focused on voluntary best practices related to the underlying payment arrangements. The full report highlights seven key domains:
- Patient Attribution
- Benchmarking
- Risk Adjustment
- Quality Performance Impact on Payment
- Levels of Financial Risk
- Payment Timing and Accuracy
- Incentivizing for VBC Practice Participant Performance
In the first phase of the effort, we focused on data sharing, as a fundamental building block of value-based care. In the full report, five key areas of opportunity emerged:
- Create an Interoperable Data Ecosystem
- Share More Complete, Comprehensive Data
- Improve Data Collection and Use to Advance Health Equity
- Share Timely, Relevant, and Actionable Data
- Make Data Methodologies, Calculations, and Context Readily and Easily Available