What is value-based care and why is it gaining traction?

Value-based care is a healthcare delivery model that ties provider reimbursement to patient outcomes rather than the volume of services rendered. It is gaining traction because it promises to improve patient experiences while helping to control rising healthcare costs. Over the past several years, payers, providers, and policymakers have increasingly prioritized this approach.

What does co-managing patients mean in a value-based care model?

Co-managing patients refers to a collaborative approach where multiple healthcare stakeholders — including hospitals, post-acute care providers, and specialists — work together to coordinate a patient's care journey. This model reduces gaps in communication and helps ensure continuity of care. Olio's platform is designed to facilitate this kind of cross-provider collaboration.

What challenges exist in implementing value-based care?

Key challenges include aligning incentives across diverse provider groups, managing data sharing between care settings, and changing long-established fee-for-service workflows. Organizations also face difficulty measuring outcomes consistently and attributing results to specific interventions. Despite progress, widespread adoption remains uneven across the healthcare landscape.

Value-Based Care is Reshaping Patient Outco...

Value-Based Care is Reshaping Patient Outcomes and Healthcare

This episode of Highway to Health examines the growing shift toward value-based care in the U.S. healthcare system, exploring how prioritizing patient outcomes over service volume is transforming care delivery. Host David Kemp is joined by Olio CEO Ben Forrest and Chief Growth Officer Rhonda Quintana to discuss real-world implementation, collaborative patient co-management, and the broader implications for healthcare stakeholders.

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By Healthcare · December 7, 2023, 6:00 AM UTCBen ForrestDavid KempHealthcareHighway to Health

Key takeaways

Value-based care prioritizes patient outcomes over service volume, fundamentally changing how providers measure success.

Collaborative co-management among healthcare stakeholders is a key mechanism for implementing value-based care effectively.

Olio's leadership highlights both the progress made and the ongoing challenges in scaling value-based care across the industry.

As of recent times, the healthcare industry has been progressively shifting towards value-based care, a model that emphasizes patient outcomes over the quantity of services delivered. This transition represents a significant shift that promises to enhance patient experiences and outcomes while controlling healthcare costs. With a growing emphasis on this approach, especially over the past year, understanding its implications and progress is now a considerable priority.

This transition represents a significant shift that promises to enhance patient experiences and outcomes while controlling healthcare costs.

While the healthcare sector continues to evolve, how is the value-based care model reshaping patient care and what are its real-world impacts and challenges?

On this episode of “Highway to Health Olio, Rhonda Quintana, Chief Growth Officer, and the company's CEO Ben Forrest. Together, they explored the intricacies, advancements, and real-world applications of the model based care in today’s healthcare landscape.

Their conversation covered various areas of healthcare, including:

The recent progress in value-based care and its growing significance in healthcare.
The implementation of personal healthy habits by our guests and their impact on professional performance and family life.
The concept of co-managing patients in a value-based care model, emphasizing collaboration among various healthcare stakeholders.

About the Speakers

Rhonda Quintana is the Chief Growth Officer at Olio and helps drive the company’s strategic growth. She has extensive experience in healthcare management and an understanding of value-based care models.

Ben Forrest is the CEO of Olio and is renowned for his visionary leadership and his pivotal role in shaping the company’s direction towards effective patient care management. His approach to healthcare technology and patient-centric strategies have earned him recognition in the industry.