Describe why adopting a value-based purchasing arrangement would be financially advantageous for the physician groups and to the health plan.

Scenario: You work for the contracting department for a national payer that is working to convert its provider contracts to value-based arrangements. Your team is approaching large physician groups for recontracting. Develop a 12-15-slide presentation with speaker notes to show the value of converting to a value-based arrangement:

  1. Explain value-based care.
  2. Explain how value-based care differs from a fee-for-service or a capitated approach.
  3. Describe why adopting a value-based purchasing arrangement would be financially advantageous for the physician groups and to the health plan.

Include at least three references, including your textbook.

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