Today’s healthcare organizations must not only navigate an evolving technological landscape but adapt to
reforming payment and reimbursement systems as healthcare transitions from “Fee-for-Service” to “Value-Based
Care” healthcare models.
The traditional model, known as fee-for-service, simply assigns reimbursements based on what services a
healthcare organization provides. But in value-based care, reimbursement is contingent upon the quality of the
care provided and it comes tethered to patient outcomes. This seemingly simple pivot of emphasis requires major
changes on the part of healthcare providers. The old fee-for-service model encourages healthcare providers to fill
as many beds and perform as many high-tech procedures as possible. That succeeds in driving up the cost of
healthcare, but it doesn’t improve patient outcomes.
In this changing healthcare environment, providers must constantly assess how to enhance patient care and
outcomes while endeavoring to increase revenue, lower costs, and manage risk exposure. Improving healthcare
quality while controlling costs and risk requires greater patient engagement, which will lead to earlier diagnosis
and improvements in preventing diseases and the onset of serious complications. Enrolling patients in a remote
monitoring program and giving them the FREE tools to follow and reinforce their progress will encourage
healthier behavior and develop healthy lifestyle habits. Providing patients and their caregivers with a remote
monitoring system is a preventive health care measure to improve patient well-being, and ultimately, prevent
disease, disability, and death.