For years the healthcare industry has been talking about making a switch from systems that reward volume-based providers to value-based providers. The Supreme Court’s decision to overhaul the current healthcare system will be turning this talk into action.
In a volume-based (or fee-for-service) system, providers are rewarded for seeing more patients, ordering more tests and doing more procedures – regardless of how their cases turn out.
A value-based system rewards providers for their outcomes. They are given incentive payments for exceeding certain benchmarks for quality, and penalized for bad outcomes, such as a hospital-acquired infection.
Now that the Affordable Care Act is a law, it’s beneficial for healthcare providers and businesses to jump onboard with programs, such as electronic health records, that improved outcomes and made care more efficient.
Perfect Care EHR can help healthcare providers qualify for these benchmarks because our program helps eliminate problems associated with volume-based systems, like medical record redundancies, medical mistakes and malpractice claims.
Call us today to see how Perfect Care EHR can help improve your value-based healthcare system.