Implementing VBP involves many different facets of operations – both for you and your payers.
You may have already dipped your toes into VBP arrangements, either willingly or because your payers have incorporated some LAN Category 2 Alternative Payment Model components in their standard provider agreements. But to truly move from volume to value and transform care delivery is a journey. Consider your size and tolerance for financial risk when planning your VBP journey.
Step 1: Promote provider clinical transformation to foster VBP success
Step 2: Access technical assistance and peer learning
Step 3: Understand how quality is measured and used in different VBP models
Step 4: Maximize quality improvement and – performance on measures
Step 5: Review results and make modifications
Step 6: Scale up current VBP contracts and engage additional payers