Value-based care has become one of the most-used buzzwords in healthcare. But how does it apply to ASCs?
Here's what three healthcare leaders have to say about value-based care and ASCs:
Jitander Dudee, MD. Surgeon at Medical Vision Institute (Lexington, Ky.): The shift toward value-based care and alternative reimbursement models is gaining momentum within the healthcare sector. ASCs are well-positioned to excel in this environment due to their ability to deliver high-quality, cost-effective care. ASC leaders should actively explore strategies to optimize patient experiences, streamline operational efficiency and demonstrate measurable value to payers and stakeholders. Adapting to these evolving payment structures is crucial for sustaining the long-term success of ASCs. By closely monitoring and responding to these trends, ASCs can remain at the forefront of innovation and consistently deliver exceptional care to patients while navigating the changing healthcare landscape.
Ahmed Elsahy, MD. Anesthesiologist at IU Health University Hospital Interventional & Advanced Pain Therapies (Indianapolis): The healthcare industry as a whole is moving toward value-based care, and ASCs are no exception. This model focuses on patient outcomes and cost-effectiveness, rather than the traditional fee-for-service model. ASCs are increasingly participating in bundled payment programs and other value-based initiatives. This trend necessitates a focus on quality improvement, data collection and analysis to demonstrate value and achieve positive patient outcomes.
Ali Ghalayini. Administrator at Munster (Ind.) Surgery Center: As healthcare reimbursement models shift from fee-for-service to value-based care, ASC leaders must focus on delivering high-quality outcomes and patient satisfaction. Centers that can demonstrate efficient and effective care delivery while maintaining excellent patient experiences will likely be rewarded. Therefore, tracking and improving key performance indicators such as infection rates, patient-reported outcomes, readmission rates and patient satisfaction scores are essential. Collaborations with payers and accountable care organizations to align incentives and performance goals can be advantageous.