The move aligns with the healthcare industry's push toward value-based care , an alternative reimbursement model that ties provider payments to patient outcomes rather than the number of services provided a la the traditional fee-for-service model.
The Palo Alto VA is looking to leverage Verily's data expertise to better address the needs of patients with high-priority conditions, such as those who are undergoing knee replacement surgeries, managing alcohol withdrawal, or who have suffered a heart attack. Meanwhile, Atrius Health aims to identify interventions to help better manage patients with heart failure in hopes of avoiding costly ER visits or additional hospitalizations.
VBC could be the future of healthcare reimbursement — and Verily is setting itself up to facilitate providers' transition to this payment model. Large insurers are bullish on VBC despite lags in provider adoption, indicating that the model is likely here to stay. UnitedHealthcare is one of several major insurers chasing ambitious growth targets for VBC: It announced last year that it aims to cover
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