Three Insights on the Journey to Value-Based Care
In behavioral health, it’s been traditionally difficult to measure outcomes. Patient care is a journey, it’s not acute like it is in healthcare. However, we’re getting closer. With better payer relationships, robust electronic medical records (EMR) platforms and analytics and improved interoperability, we’re seeing providers thrive in value-based care (VBC).
Transition to VBC presents opportunities for behavioral health providers
While the shift from fee-for-service reimbursement to VBC brings significant change, it also opens up new opportunities for providers. VBC systems not only improve quality of care for patients but behavioral health providers can also gain more support from resources outside of their clinic to support patients in their recovery. Providers who embrace this concept and leverage a robust referral network, that communicates and shares data and analytics, reduce burnout and thrive in VBC.
Tools exist to support providers in the transition to VBC
Over the past decade, there has been a lot of innovation that enables providers to navigate the transition to value-based care successfully. These tools can offer comprehensive insights on patient populations and with an interoperable environment, can give behavioral health providers the actionable insights they need to apply patient interventions at the right time. With an EMR as the hub, providers operate in one system and can monitor medication adherence, referrals, outpatient plans and more throughout their patients’ journey. With this level of data shared throughout multiple platforms, outcomes measurements are also made possible.
VBC grows your care community
VBC can play a significant role in growing the care community in behavioral health by fostering collaboration, improving outcomes and promoting patient-centered care. With incentives for a team-based approach to care, behavioral health specialists, primary care physicians and other specialists all work together towards the same outcome. This collaborative approach ensures patients receive comprehensive and integrated care, addressing both their physical and mental health needs. By fostering care coordination, VBC encourages more holistic patient care and stronger provider-to-patient relationships, which benefits everyone.
To learn more about the impact VBC is having on behavioral health and how you can incorporate best practices to prepare for VBC transition, click here.
About the Author
Ben Dittman is the senior vice president of partnership at Kipu Health. In this role, he brings together strategic alliances that integrate or partner with Kipu to support a holistic technology environment for behavioral health providers. Prior to Kipu, Ben was the founder and chairman of the behavioral health revenue cycle management company, Avea Solutions, which was acquired by Kipu Health. Before founding Avea Solutions, Ben spent 15+ years in banking, system design and consulting.
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