By Mary K. Totten and John Combes
At its core, healthcare transformation is about improving healthcare value, and a question executives and governing boards are wrestling with is how to successfully transition to value based models of care delivery and payment. Many organizations are not yet ready to have their payments tied to achieving cost and quality objectives for patient populations and assuming some level of risk.
Health systems cannot afford to wait to see how early adopters fare before they begin to move away from fee for service. If they do, they risk losing market share and their competitive advantage.