Fact Based List:
ChenMed: 6 Benefits of a Full-risk, Value-Based Care Model
Submitted by Charlene Ice on Wed, 06/23/2021 - 14:14
- Helps reduce vaccine hesitancy via a trusting doctor-patient relationship
- Can help address substance abuse, in part because care teams are incentivized to keep patients out of high-cost care environments
- Supports caregivers
- Encourages new kinds of research, incentivizing study areas which are most likely to reduce cost
- Reduces stigma from mental and behavioral health concerns by addressing them at the primary care level
- Helps address the social determinants of health
Notes: Full risk means full financial risk. The provider receives a set, “capitated” amount per patient, and in exchange, assumes full risk for the cost of that patient’s care.
Source: ChenMed blog, June 8, 2021
Source URL: https://www.chenmed.com/blog/6-ways-full-risk-value-based-ca...
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