On Demand - Making Value-Based Care “Work” For Cardiologists-Presentation Slides

Presentation Slides

Pdf Summary

This document discusses how to make value-based care work in the field of cardiology. It highlights the increasing prevalence of cardiovascular disease and the projected increase in heart disease cases. It also provides an agenda for the discussion, which includes topics such as defining value-based care, specialty care and value-based care mechanics in cardiology, and the present and future of value-based care.<br /><br />Value-based care is defined as moving from payment for volume to payment for delivering outcomes. It involves different types of contracts across the value continuum, ranging from fee-for-service to shared savings and shared risk agreements. The document emphasizes the importance of value-based care in cardiology due to the cost burden of cardiovascular disease and the potential for cost savings through improved care.<br /><br />The document also discusses the technology infrastructure needed to support value-based care, including tools for patient identification, risk stratification, clinical decision support, population health management, and patient activation and outreach. It highlights the importance of care teams in delivering coordinated and efficient care, as well as the key elements of value-based care contracting, such as attribution, quality measures, reporting requirements, and payment terms.<br /><br />The document provides real-world examples of cost-saving opportunities in value-based care contracts, such as avoiding unnecessary hospital admissions and reducing utilization of high-cost diagnostic testing. It also emphasizes the importance of partnering with primary care providers and outlines the steps for fostering communication and collaboration between specialists and PCPs.<br /><br />The key takeaways for providers include stabilizing and optimizing current operations, assembling the necessary technology, care teams, and contracts, starting with performance-based contracts, and being thoughtful partners to PCPs. The document concludes with contact information for further discussions or questions on value-based care in cardiology.

Keywords

value-based care

cardiology

cardiovascular disease

heart disease

specialty care

mechanics of value-based care

technology infrastructure

care teams

cost-saving opportunities

primary care providers