Sample Solution

Value-based payment models can be a useful tool for addressing health systems issues when implemented correctly. Such policies seek to tie healthcare provider reimbursement to the quality of care, rather than volume. This approach has been found to reduce costs while improving access and equity in healthcare, as well as reducing burnout among providers (Koo et al., 2020). By incentivizing cost-effective treatments and preventative care measures, value-based payment models encourage providers to focus on delivering high quality services that improve patient outcomes (Bao & Chen, 2019). Additionally, these policies help reduce administrative burden by streamlining the billing process and creating clearer guidelines surrounding reimbursement rates (Hermann et al., 2018). In order to effectively address health systems issues with this policy solution however, it is essential that all stakeholders – including government agencies, insurers and providers – have a shared understanding of what constitutes good value in healthcare delivery.