Value-Based Payment: What Could Go Wrong? | Robert Nelson, MD | LinkedIn

Those of you that recall the 1980’s and early 90’s will remember when primary doctors were transformed into “gait-keepers” or “quarterbacks of the healthcare team” and designated to lead the capitation movement that was supposed to usher in a new era of cost control, efficiency and better outcomes. Suffice it to say, it didn’t quite work out as planned.

Then there was GM’s answer to affordable gas-efficient imports: they put a crappy 4-cylinder engine in over-size chassis and called in the Cadillac Cimarron.  But I digress…

These “solutions” have one thing in common: They did not address the right problem, so they were destined to be an epic fail.The same, I suspect, goes for the newest savior of the healthcare industry: Value-Based Payment Models, or VBP for short.

via Value-Based Payment: What Could Go Wrong? | Robert Nelson, MD | LinkedIn.