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If your health plan does not measure each of the three components of the value equation and use those measurements into decision-making analysis and key priorities, your plan cannot optimize VBC delivery.
Musculoskeletal (MSK) conditions are consistently top cost drivers for health insurance plans, self-insured employers, and risk-bearing provider groups. These costs are driven by high disease prevalence (1 in 2 adults in the United States are affected) and overutilization of costly procedures and surgeries (up to 30% of these being inappropriately performed). Over the last decade, a number of digital health solutions have appeared on the market with the goal of helping lower costs for – in particular – employers by improving access to exercise therapy.
Spearheaded by the Affordable Care Act 1 , value-based health care has taken center stage in American health care. The traditional payment environment of fee-for-service care has resulted in insurmountable costs to health plans and self-insure employers, which bear financial risk for their members and beneficiaries. Payment reform that priorities value (high quality outcomes with low costs of care) has enjoyed largely bipartisan support 2 due to the importance
In many value-based arrangements, a majority of the expenditures is the result of specialty care. However, most specialists are paid almost exclusively through a fee-for-service payment system, which prioritizes volume of care delivered as opposed to value delivered. Therefore, specialty care expenditures directly impact performance in value-based programs. This is especially relevant for musculoskeletal (MSK) conditions, which affect over 50% of all American adults.