6 Key Milestones in the History of Full-Risk, Value-Based Care

Transforming US Healthcare: 6 Key Milestones in the History of Full-Risk, Value-Based Care

Introduced in the late 1960s, value-based care (VBC) emerged as the solution to rising healthcare costs and reduced quality. Full-risk VBC prioritizes preventive care, quality over volume, and primary care. Explore these six milestones that paved the way for modern full-risk adopters, proving that VBC can revolutionize US healthcare.

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Discover how Dr. Paul Ellwood coined the term "Health Maintenance Organization (HMO)" in 1970, leading to the Health Maintenance Organization Act of 1973. Learn how the Tax Equity and Fiscal Responsibility Act of 1982 enabled capitated HMO plans, and witness the demise of HMOs in the 1990s.

Explore how Michael Porter and Elizabeth Olmsted Teisberg introduced the term "value-based care" in 2006 and how the Affordable Care Act (ACA) of 2010 restructured payments to Medicare Advantage, encouraging value-based care reimbursement.

Witness the impact of full-risk VBC today, with improved care quality, better health outcomes, and cost savings. Learn how pioneering organizations like ChenMed have transformed healthcare through their full-risk VBC model.

Unlock the secrets to revolutionizing US healthcare with value-based care.

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