Ten Drivers of a Value-Based Organization
Competing in home-based care will look considerably different in 2030 than it does today. This LIVE small-group discussion, hosted exclusively for Intelligence Group members, will follow a three-part framework – across ten key drivers – for preparing your company to meet the value-based care imperative.
- External Drivers: Take stock of the value drive of contracting and referral partners, the national and state level regulatory environment, and your market-specific dynamics.
- Internal Capabilities: Ensure your staff, culture, commercial acumen, and core business processes are engineered for high performance.
- Your Offerings: Develop your playbook for demonstrating superior outcomes and experience, building population-specific programs, and rolling out metrics-based products.
The objective is to refine your company's VBC/VBP strategy and action planning. At the close of the meeting, you'll complete an assessment for scoring your organization's value drive. You'll return home with a clearer understanding of your key priorities and action items, and a higher level of confidence about achieving your value-based future.
Our Framework: Ten Key Drivers
- Markets and Population: Tailor your VBC approach to the unique market environment, population demographics, payer and provider landscape, and competitive situation.
- Regulatory Environment: Capitalize on applicable national and state-level VBC program and reimbursement opportunities.
- Partners: Identify and engage a full set of partners – VBC contracting parties, existing referral sources, care delivery.
- Care Delivery Team: Operate progressive recruiting, retention and engagement processes to ensure necessary capacity for your clinical and non-clinical patient-facing staff.
- Leadership & Administration: Create an aligned culture, operating norms and incentives to support a value-based orientation.
- Core Business Processes: Design core processes to drive value – care management/pop health, data/analytics/ reporting, back office, financial.
- Commercial Expertise: Acquire and/or develop specific skills necessary for VBC, including payer relations, risk financials, contracting, and managerial accounting.
- VBC Products/Offerings: Determine your specific VBC initiatives – partners, services, scope, targets, attribution, risk sharing – in specific markets.
- Patient/Consumer Focus: Fully engage patients and their families in their care to deliver better outcomes and measurable satisfaction.
- Value Measurement: Identify and promote the “metrics that matter” for your VBC contracts, benefiting patients, partners, and your financial performance.
