OVERVIEW

Fundamentals of Value Based Care is organized by Florida Medical Association (FMA).

Recorded: Sept. 21, 2020
Released: Oct. 19, 2020
Expires: Oct. 19, 2023

Duration: 29 minutes

Description:
COVID-19 has highlighted the vulnerability of volume-based care and your practice’s viability. Is value-based care the answer to diversifying fee-for-service income? Play this webinar in a new ongoing series to learn the fundamentals of value-based care.

The COVID-19 pandemic has revealed many vulnerabilities in health care and the economy, and in no small measure, in the fee-for-service payment model that undergirds volume-based physician practices. Value-based care, on the other hand, has proven to be more resilient during the pandemic.

Is it time for you to transition to value-based care? To begin to answer this question, let’s lay the foundation with the terminology and general concepts.

Best Bits:
• What is value-based care (VBC)?
• Why VBC and why now?
• Terminology associated with VBC

Learning Objective:
Upon completion of this program, participants should be able to explain the basics of value based care and associated terminology.

ACGME/ABMS Competencies:
This program addresses the following desirable physician attributes: Systems Based Practices and Patient-Centered Care.