| | MAY 20188CIOReviewBy Lili Brillstein, MPH, Director, Episodes of Care and Brian Currie, Healthcare Consultant, Horizon Healthcare ServicesVALUE-BASED HEALTHCARE MODELS: NOW IS THE TIMEProven low-cost, supplemental life style activities such as meditation and yoga, are now becoming part of some continuums of careThe technological revolution that has reshaped industries as varied as banking, entertainment, and transportation has now reached an industry long thought immune to such disruptive innovation­healthcare. This revolution is being propelled by the arrival of "big data," immense troves of never before available information on how best to treat disease, how to measure treatment effectiveness, and how to track patient outcomes and satisfaction. It is supporting a number of much needed changes, perhaps most importantly, the move away from a fee for service payment paradigm, where reimbursement is made without regard for whether the patient ever gets better or has a good experience, to value-based payment models, where reimbursement is directly tied to patient outcomes. In the traditional fee for service model, focus is on each individual unit of care that's rendered by a particular provider or practice. In value-based models, focus is on all of the care rendered to a particular patient, across the full continuum of Brian Currie
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