Value-based healthcare is an approach to healthcare delivery that aims to improve patient outcomes while controlling costs. It emphasizes measuring outcomes that matter to patients and aligning payment and incentives with those outcomes. While value-based healthcare has shown promise in many areas, its effectiveness can vary depending on several factors.
SUMMARY: Value-based healthcare is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. Under value-based care agreements, providers are rewarded for helping patients improve their health, reduce the effects and incidence of chronic disease, and live healthier lives in an evidence-based way. In a country where people really don’t care of themselves value-based healthcare won’t work.