A recent study of healthcare payment models has shown that, while the Fee-for-Service model is still dominant, Alternative Payment Models (APMs) have started to become more and more popular.
Big Data and advanced analytics are disrupting and transforming some industries worldwide. However, few sectors facing change thanks to Big Data technologies are as significant as the healthcare industry.
Healthcare isn’t like most other things where you get the best by paying the most. In Fact, in most cases quite the opposite is true. Use this infographic to distinguish the difference between expert doctors and averages doctors.
In the new era of healthcare reform, providers and payers must manage a delicate balance between financial responsibility and increasing positive patient outcomes. The shift towards a value-based care model is a reflection of this movement. Standing somewhat in opposition to value-based care is the fee-for-service reimbursement model, which is often criticized for allowing for overtreatment and misuse of resources.