The shift from FFS (fee-for-service) to VBC (value-based care) models of care is imperative. Health plans and payers looking to be at the forefront of this change will need to build strong VBC portfolios.
To enhance VBC adoption and strengthen portfolios, health plans should first assess their VBC capabilities. This assessment will need to focus on measuring health plan maturity across the critical stages of the VBC life cycle. The purpose is to learn where existing VBC capabilities can support current and future models and to gauge how they stack up against market and industry standards. Following this analysis, health plans can determine where investments may be needed to close identified gaps between their current state and the ideal future state.
Here’s a step-by-step approach to self-assess your VBC capabilities: