VBCA Podcast
VBCA Podcast
The Value Based Care Advisory (VBCA) Podcast is a solution-focused platform dedicated to advancing the transformation of healthcare through value-based care (VBC) models. Our mission is to break down complex healthcare topics into accessible, actionable insights for leaders, entrepreneurs, engaged consumers, and anyone passionate about meaningful change in healthcare. By challenging the healthcare industrial complex, we provide tools, strategies, and expert perspectives that empower our listeners to navigate and accelerate the shift toward better outcomes, lower costs, and improved patient experiences. Each episode delivers thought-provoking discussions and practical advice from industry experts, spotlighting innovative approaches to healthcare reform and highlighting voices that are often overlooked in traditional dialogues. Whether you're a healthcare executive, provider, payer, policy influencer, entrepreneur, or informed patient, we aim to inspire new ideas and support you in driving transformation in the healthcare space. Powered by Carenodes.
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Feb. 12, 2023

Changing Demographics & Value-Based Care

Changing Demographics & Value-Based Care
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Season 1 Entrepreneurship Value Based Care

This episode is also available as a blog post: https://healthcare-wiki.com/2022/03/12/changing-demographics-value-based-care/

Transcript
Speaker A

The system used to pay for health care today does not encourage the integration of health care and social care, nor can it adequately adapt to the trending shift toward value based payments for care paying for better quality and better health outcomes.


Speaker A

New financing approaches are needed to enable the health care sector to engage in activities that strengthen social care and community resources.


Speaker A

MCOs are obligated to provide care management, which includes the authority for MCOs to use their Medicaid funding to identify social care needs and link people to services.


Speaker A

MCOs can use their Medicaid funds to pay for social care as in lieu of services or as value added services, for example to provide medically tailored meals for a home bound individual or an air conditioner for a severely asthmatic child.


Speaker A

Some states require MCOs to contract with existing community based organizations to provide services such as ombudsman advocacy services, nursing home eligibility assessments, and care management Carinode Stowe.