What does VBC mean in MEDICAL

Value Based Care (VBC) is an approach to healthcare delivery that focuses on patient outcomes, experience and cost.

Examples of Value Based Care include bundled payment models, pay-for-performance programs, shared savings agreements and accountable care organizations.

By moving away from service-based billing towards value-based reimbursement, VBC incentivizes providers to deliver higher quality care while reducing costs. This helps ensure that patients receive the best possible care while keeping costs down.

The benefits of VBC include improved patient outcomes, better access to care, lower costs and improved continuity of care. Additionally, VBC also encourages collaboration among health professionals by facilitating information sharing between providers thus promoting more efficient use of resources.

VBC provides an incentive for physicians to spend time with their patients to ensure quality results as opposed to just providing treatments without properly assessing their needs. This can contribute to better communication between provider and patient which can lead to improved patient satisfaction. Additionally, VBC may make it easier for patients to access specialist services as well as providing incentives for providers who provide assistance in navigating complex healthcare systems or providing educational resources related to prevention and wellness initiatives.