Value based care services | Deloitte US | Life Sciences & Health Care
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Perspectives

Value-based care

Rewarding accountable, quality health care over quantity

Value-based payment models for health care have the potential to upend traditional patient care and business models. What can your organization do to effectively make the shift?

Winning the value-based care market shift

The market shift toward value-based care (VBC) presents unprecedented opportunities and challenges for the US health care system. The level of dollar investment in VBC is substantial and some health care organizations are actively preparing for the transition to VBC while others are hesitating. Their reluctance to shift to VBC is understandable: The level of financial investment is substantial and the current fee-for-service (FFS) payment structure is still highly profitable for some.

The shift has already begun in some markets, though, to build key capabilities. As other organizations plan their route to VBC, it is important to understand that there is no single, “right” payment model that fits all situations. Experience gained in markets where the shift to VBC is under way shows that the transition is much like a road trip—different routes and modes of transportation can get travelers to their destination. By implementing a holistic process and leveraging robust supporting data—much like following a GPS system—a health care organization can develop payment models that work for individual situations and populations.

Deloitte at the Financial Times US Healthcare & Life Sciences Summit | May 12, 2016

Dr. Mitch Morris, Global life sciences and health care industry leader for Deloitte, will moderate a speaker panel on value-based care, “Value Gets Real: Navigating the Shift to Value-Based care and Outcomes Based Pricing,” at the FT US Healthcare & Life Sciences Summit in New York.

Find out more about how you can engage with us at the conference.

Delivering medical innovation in a value-based world

Discover the implications for medical innovation as the health care industry transitions to value-based care. Biopharma, MedTech, health plans, and provider executives suggest four changes that could encourage innovation as value-based care takes root and evolves.

Video: Deloitte leaders and NEHI president speak on this issue.

The road to value-based care: Your mileage may vary

The shift by US health care organizations toward VBC is a lot like taking a road trip to a never-before-visited destination via never-before-traveled roads. Some organizations do not know which route to take; others are not sure they even want to leave home. Many physicians, health system executives, and other stakeholders agree that the journey is unavoidable; the transition from traditional FFS toward payment models that promote value is happening.

Read the full report on Deloitte University Press.

Health Care Current and A View from the Center Blog on VBC

The Center for Health Solution’s weekly newsletter, Health Care Current, and A View from the Center health care blog offer more VBC insights directly from our Deloitte leaders. Check out some recent Health Care Current issues and blog posts on VBC:

Health Care Current

Subscribe to the weekly newsletter to get the latest on VBC and breaking news and developments in the US health care industry.

A View from the Center Blog

Subscribe to our health care blog where Deloitte leaders share timely insights, research, and forward thinking around health care and life sciences.

How we can help

Deloitte is guiding clients across all sectors of the industry and across all dimensions of the volume-to-value transformation–strategy, financial, clinical, operations, technology, and change management. Gaining a clear understanding of the changing health care environment and plotting a winning path forward is part of the challenge. Bringing the right experience, tools, and transformation leadership to carry out that strategy is the other part. As the world’s largest health care consulting team, we can see you all the way through, and help you successfully navigate the biggest hurdles:

  1. Proactively define your strategy. 
  2. Develop financial flexibility. 
  3. Control your own destiny. 
  4. Make the most of existing assets. 
  5. Fortify the physician-patient relationship. 
  6. Minimize transition risk. 

Learn more about Deloitte VBC services:

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