When value-based care (VBC) payment models made their first big appearance on the healthcare scene more than 10 years ago, provider executives often described themselves as having their feet in two different canoes—with different directions and paces—per the VBC and fee-for-service (FFS) models of care.
Today, we know it’s VBC that’s paddling slowly along, with FFS maintaining a study speed and course across healthcare’s future. We also know that the canoes are not mutually exclusive choices for provider leadership. The two are more catamaran than competing vessels. One is inextricably linked to the other, as FFS can effectively serve as the foundation for provider shift and growth into greater levels of VBC. [READ MORE…]