VBC Insights

The Accorded company blog about all things Accorded, value-based contracting, and the team that makes it happen

Value-Based Contracts: Next-Gen Performance Guarantees?

VBC Insights
Value-Based Contracting

6/3/2024

Motivation

Employers are rethinking approaches to improving the quality of care provided to their people while also reducing the cost of care per employee. The Willis Towers Watson 2020 Health Care Delivery Survey indicated that 73% of employers intend to adopt alternative care delivery models by 2023.1

Realizing the Potential of Value-Based Care

VBC Insights

6/3/2024

Value-based care (VBC) is framed as the path to a more financially sustainable, equitable, and efficient healthcare system, where providers are incentivized to focus on the quality of care they deliver. This concept continues to gain traction across the industry as the most viable solution to the nation’s healthcare woes. The Centers for Medicare and Medicaid Services (CMS) - historically, a trendsetter for US healthcare - has doubled down on the concept of VBC. CMS has committed to shifting all Medicare beneficiaries to a care relationship with accountability for quality and total cost of care by 2030.2