Innovaccer Unveils the Science Behind Value-based Care in 2020
Managed Healthcare Executive | January 20, 2020
Innovaccer, Inc., a leading healthcare technology company, released its first-ever in-house survey report describing the revolutionary two-fold strategy for healthcare organizations to succeed in the changing landscape of value-based care in the U.S., according to a news release. The Science of Value-Based Care: An Industry View, positions healthcare stakeholders in the current scenario of value-based care. It maps the route from the immediate challenges faced by healthcare organizations to the steps taken to address barriers of clinical and technical inefficiency. The survey and the report were conducted under the guidance of David Nace, MD, chief medical officer at Innovaccer. It’s been almost a decade since the Patient Protection and Affordable Care Act, also known as The Affordable Care Act, became law, the release says. There are ample pieces of evidence that suggest value-based care will be a boost for healthcare. Seventy-five percent of members of the Healthcare Transformation Task Force (HTTF), an industry consortium to align private and public sector efforts to promote the transformation of the U.S. healthcare system, plan to be aligned under value-based arrangements by the end of the year 2020. To do this, healthcare organizations need strategies to attain clinical excellence, operational excellence and the technology to prepare themselves for the challenges of the next decade, the release says.