Home Care has a Lot to Offer Innovative Payment Models, Value-Based Care Expert says

Katy Lanz, a leading voice in value-based care, emphasizes the pivotal role of home care companies in adapting to changing healthcare dynamics. While the industry is evolving towards value-based models, many home care businesses lag in structural adjustments. Collaborations with providers, such as Accountable Care Organizations, present opportunities for home care firms to enhance patient outcomes while curbing costs. However, to engage in value-based care, agencies must embrace risk and showcase their capabilities. Additionally, retailers like Amazon and Walmart are venturing into value-based care, signaling a broader trend towards innovative healthcare delivery models. This shift underscores the importance of adapting to new paradigms in healthcare management and service provision.