Regardless of which VBP model you are implementing:
- Document your VBP approach including goals, timelines, measures, and data sources;
- Be realistic and clear about the resources required, and your expectations;
- Maintain a dialogue with payers, clinicians, and internal partners throughout the process;
- Continue sharing information and seeking and responding to input and feedback from patients, families, caregivers, and community partners.
Entering into more advanced VBP contracts with payers can take a significant amount of time. It is important to allow adequate time to plan in advance and engage staff and clinicians . This is especially true if the provider entity and/or key clinicians and staff are not experienced with the particular VBP model being implemented, or if this is their first VBP arrangement. Don’t be afraid to ask payers to help identify solutions to challenges that might arise with your VBP implementation.
VBP Toolkit Menu
- Understand VBP models
- Educate your team on VBP terms and models
- Assess internal interest and understanding of VBP
- Assess your readiness for a new or modified VBP model(s)
- Identify current data analytical capabilities and gaps
- Understand member attribution and assignment
- Understand your population and health disparities
- Understand types of financial risk in VBP models
- Get ready for VBP
- Go live with VBP model(s)
- Promote provider clinical transformation to foster VBP success
- Access technical assistance and peer learning
- Understand how quality is measured and used in different VBP models
- Maximize quality improvement – performance on measures
- Review results and make modifications
- Scale up current VBP contracts and engage additional payers
- Understand VBP compact models
- Primary care model
- Specialty care models (future content)
- Hospital care model (future content)