Value-based programs are payment mechanisms designed to bend the patient care cost curve while improving outcomes.
In this podcast episode, Doral Jacobsen, MBA, FACMPE, chief executive officer, Prosper Beyond Inc., Asheville, N.C. Aaron Cohen, principal, healthcare co-practice leader, Citrin Cooperman, give their perspectives on the total cost of care and offer insights on how physicians can influence the cost of care delivered to patients, both inside and outside their practices. Jacobsen and Cohen outline how value-based reimbursement programs are attempting to reduce cost of care, tools practices are utilizing to track and reduce costs and what this means for reimbursements, compensation levels and for physician practices overall.