Reframing Value-Based Care: The Pivotal Role of Care Management

By Michael Awood

November 2, 2023

In the realm of healthcare, the concept of value-based care (VBC) is not new. Introduced by Michael Porter, VBC emphasises the importance of generating positive outcomes per unit of currency spent. Today, VBC is a driving force behind efforts to improve clinical outcomes while reducing costs. Central to this strategy is care management. This is designed to support selected patients via multidisciplinary teams to improve health-related outcomes.

The Role of Care Management in Value-Based Care

Care management programmes aim to assist with disease management, optimise care pathways through the healthcare system, and manage the utilisation of costs within the system. These programmes have encouraged participation by offering incentives, resulting in valuable data collection and improved efficiencies. However, despite these advances, patient-centred care is often overlooked in the current systems.

Understanding value in healthcare can be subjective. For some patients, value is about achieving personal health goals, even if these don’t translate into financial value for the health system. Fragmentation of care is also a notable challenge within these systems. It increases the complexity of patient care. With the entry of venture capitalists and other players into the healthcare system, effective care management has become essential for optimising performance and decreasing fragmentation.

A New Approach to Value-Based Care

The need for a patient-centred comprehensive care management continuum is becoming increasingly clear. This reframing of the VBC strategy consists of five key areas:

  1. Recognising that patients are multidimensional and their care trajectories fluctuate with their evolving health conditions;
  2. Offering a continuum of care management programming support matched to their specific needs;
  3. integrating and coordinating efforts to maximise resource utilisation;
  4. Committing to regular evaluation of broad program effectiveness;
  5. Redefining value from a person-centred and health equity-based perspective.

 

 

In line with the Just-In-Time (JIT) management philosophy, the concept of “the right program for the right patient” has emerged. This approach opens multiple access points for people to enter the system and offers various options for care. Patients are then graded to determine the level of care they need, from basic community health programmes to integrated care management for the most complex cases.

The Future of Care Management

Many innovation models require care management, and developers are creating alternative reimbursement models to promote comprehensive approaches. These models encourage care management for vulnerable populations and ensure rigorous evaluations by reviewing patient-centred outcomes. By introducing matrices for patient populations and attaching incentives, outcomes can improve.

Minimising the financial burden on patients and optimising the standard siloed approach to managed care are also key considerations. Multiple organisations can provide and coordinate care, but the proliferation of program offerings threatens to exacerbate the fragmentation of care delivery.

To promote patient-centred care management, health systems can benefit from providing a patient-tailored continuum of care management offerings. This would also provide an improved understanding of the care management ecosystem available to patients. Policymakers have a similar responsibility and opportunity to develop incentives to address worsening fragmentation in this field and to promote a more holistic, equitable, and patient-centred approach to care management aligned with value-based care.

As we move forward into the future of healthcare, the focus on value-based care and patient-centred care management will continue to shape the industry. The evolution of these concepts and their application in real-world settings will undoubtedly lead to improved patient outcomes and more efficient healthcare systems.

 

Image in text taken from the journal article linked below

Reference url

Recent Posts

AI diabetes risk prediction
     

AI Tool Predicts Type 2 Diabetes Risk via ECG Up to 10 Years Early

🌟 How can AI transform early detection in healthcare? 🌟

Discover the innovative AIRE-DM tool developed by researchers at Imperial College Healthcare NHS Trust, capable of predicting the risk of type 2 diabetes up to 10 years in advance using ECG readings.

This innovative approach promises to enhance preventative care and improve patient outcomes. Read the full article to learn how this technology can be a game-changer in the fight against diabetes.

#SyenzaNews #AIinHealthcare #HealthcareInnovation #DigitalTransformation #DiabetesPrevention

Hepatitis B vaccine efficacy
     

Heplisav-B: A Superior Hepatitis B Vaccine for Individuals with HIV

💉 Are you aware of the groundbreaking advancements in hepatitis B vaccination for individuals living with HIV?

Our latest article delves into the impressive efficacy of the Heplisav-B vaccine, highlighting its potential to offer superior protection compared to traditional vaccines. With 99.4% seroprotection rates reported in recent trials, this innovative vaccine could be a game changer for this vulnerable population. Explore the findings that could reshape clinical practices and improve health outcomes.

#SyenzaNews #HealthcareInnovation #ClinicalTrials #HepatitisB #Vaccination

Egypt Hepatitis C Program
     

Egypt’s Hepatitis C Program: A Model for Africa’s Health Initiatives

🌍 How can Egypt’s hepatitis C elimination program inspire other African nations?

Discover how Egypt has set a powerful benchmark for public health excellence through its “100 million Healthier Lives” campaign, achieving Gold-tier certification from the WHO. This article looks into the training initiatives and regional collaboration that are paving the way for health improvements across the continent.

#SyenzaNews #GlobalHealth #HealthcareInnovation #Innovation #HealthForAll

When you partner with Syenza, it’s like a Nuclear Fusion.

Our expertise are combined with yours, and we contribute clinical expertise and advanced degrees in health policy, health economics, systems analysis, public finance, business, and project management. You’ll also feel our high-impact global and local perspectives with cultural intelligence.

SPEAK WITH US

CORRESPONDENCE ADDRESS

1950 W. Corporate Way, Suite 95478
Anaheim, CA 92801, USA

© 2024 Syenza™. All rights reserved.