Making value-based (VB) healthcare work doesn’t have to be challenging if the practice, group, or network has two things: (1) the proper automation tools, and (2) the resources on which to rely in transforming them from fee-for-service into VB. First, a little VB background. The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) is a law designed to encourage more medical providers, otherwise known as “Eligible Clinicians” or “ECs” in MACRA-speak, to embrace VB medicine. For 2017, CMS has designated MDs, DOs, DDSs, DMDs, NPs, PAs, CNAs, and CRNAs as ECs. If you’re one of these, and you’re not exempt, you can and should move into the VB medicine world of quality vs. quantity.

Of course, your healthcare organization is set up as a business and you have to maintain good financial practices and standards to achieve your targeted range of revenue flow. But the work your team does is not designed primarily to make a profit as much as it is devoted to diagnosing, healing, and helping to maintain the health of each patient that passes through your doors.