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How 2020 Has Shaped the Future of Healthcare
Despite the ongoing shift to value-based care, health systems still rely heavily on procedures, imaging, and infusions to drive substantial portions of their top-line revenue, and Covid-19 has opened the industry’s eyes to the fragility of these revenue streams. Hopefully, this realization leads to further engagement in value-based initiatives – at minimum, as a way to hedge against future disruptions of fee-for-service revenue, but ultimately because these reimbursement models have the opportunity to deliver higher quality care at lower costs.
Even aside from pandemics, there are always threats to an organization’s fee-for-service revenue that present risks, such as competition in the market, losing a physician specialty group, and more.
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