The start of a new year is a time for reflection. It presents a marked occasion to look back at accomplishments—both personal and professional— and identify opportunities for improvement. Healthcare facilities resolving to pursue a path toward improvement should apply focus to value-based care in order to meet, and very possibly exceed, their goals for the new year.
Working within a value-based care reimbursement model, facilities have the opportunity to separate themselves from their competition. Those that demonstrably deliver consistent, safe, high-quality care can expect to prosper. Facilities that don’t risk a decrease in both patient volume and reimbursement. This is especially true if there are poor outcomes which can result in negative reviews and the potential loss of Medicare certification or surgery center licensure.
While there are still many unknowns when it comes to value-based care, particularly around quality metrics and technology, one thing is certain. Patient safety and their feeling of a positive experience will be essential to succeed in today’s consumer-driven healthcare market. In the quest to attain excellence in patient safety and satisfaction, one area that is often overlooked is anesthesia…
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Becker’s Hospital Review is the original producer/publisher of this content.