The first wave of value-based payment models focused on acute care. Now payers and healthcare systems are looking to extend the models across care settings to take advantage of the benefits offered by whole-person care. The reason is clear: Treatment costs for those diagnosed with chronic disease and mental illness are substantially higher – up to four times higher – than treating people with chronic physical ailments only.
To survive and thrive, post-acute care providers (home health, hospice and senior living facilities) and behavioral health providers (community mental health centers, substance use treatment centers, child and family service agencies) must start planning now to work as equal partners with healthcare systems.
Read this perspective to learn why care coordination may be the ultimate key to improving outcomes and where to start developing the strategies to enable it.