Leading Healthcare Executives Issue Recommendations to Advance Value-Based Care
Diverse segments of health industry align to catalyze transition to prevention-focused patient care
WASHINGTON, DC, APRIL 11, 2024 — The Healthcare Leadership Council (HLC), the leading health industry association representing all disciplines of American healthcare, today released a joint report with members AdventHealth and Wellvana offering concrete recommendations for advancing whole-person, prevention-focused well care.
“Achieving the Promise of Patient-Centered Value-Based Care” highlights specific steps to accelerate the transition from traditional healthcare fee-for-service payment models to models prioritizing value, prevention, and wellness. The Centers for Medicare and Medicaid Services (CMS) has issued a goal of transitioning 100 percent of patients from conventional fee-for-service Medicare into value-based payment models by 2030.
“As value-based care models continue to deliver on improving patient outcomes and lowering healthcare costs, HLC believes these recommendations will help catalyze the shift to patient-centered care models,” said Maria Ghazal, President and CEO of HLC. “This report highlights the ability of the private sector to advance our healthcare system by prioritizing whole-person care.”
HLC convened more than 70 leaders from health systems, payers, purchasers, patient advocacy, retail health, public policy and academia for a roundtable discussion on how to achieve the full potential of patient-centered value-based care. AdventHealth and Wellvana joined forces in 2023 to accelerate performance in value-based care payment models that empower primary care physicians to focus on preventive patient care.
Dr. Meena Seshamani, Deputy Administrator and Director of the Center for Medicare at CMS, and Ellen Lukens, Deputy Director of the Center for Medicare and Medicaid Innovation at CMS, joined the roundtable to share how CMS is transforming Medicare through high-quality, patient-centered care, aiming to achieve more equitable health outcomes.
The interactive discussion focused on overcoming barriers to value-based care adoption and steps to accelerate the transition from a system built on reactive healthcare to one focused on wellness and prevention.
A consensus was developed to advance value-based care by:
- Strengthening incentives to encourage participation in full-risk models;
- Improving data integration and interoperability to assess success and make progress towards health equity goals; and
- Shaping value-based care programs to meet patients where they are and address the real-world needs that affect their wellbeing.
“The demographics, needs and expectations of our patient population are quickly changing, and these changes will continue to escalate. Patients are seeking longitudinal, whole-person care that focuses on not just acute, episodic needs, but also provides a continuum of wellness-based and preventive care throughout their lifetime,” said Terry Shaw, President and CEO of AdventHealth. “As a faith-based health system with a deep legacy in the places we serve, this is a long-term commitment we are making to our communities.”
“It’s been far too challenging for even the most sophisticated health systems to make the leap to value-based care,” said Kyle Wailes, President and CEO of Wellvana, a physician enablement company partnering with primary care providers, specialists, health systems and payers in 24 states. “Policymakers have an opportunity to bridge the divide so every patient can benefit from providers that are solely focused on keeping them well.”
The full report is available here. For media inquiries, interview requests, or further information about “Achieving the Promise of Patient-Centered Value-Based Care,” please contact HLC at kfernandez@hlc.org, Wellvana at cmoore@wellvana.org or AdventHealth Media Relations here.
