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4 ways cloud tech helps healthcare move to value-based care

Aug 6, 2021 | Admin, Health and Life Sciences, Healthcare, Latest News

For most healthcare systems currently transitioning from a fee-for-service (FFS) model to value-based care (VBC), the need to seamlessly integrate healthcare services that track patient outcomes while still reducing overhead costs is a healthcare improvement, but it’s not without its challenges. 

How can you switch without dropping a death blow on your practice? 

The solution is cloud computing. 

Cloud technology implementations have increased, offering practical solutions for reducing overhead costs while providing seamless patient-centered care. Studies show that the global market for cloud technologies in the healthcare industry is expected to grow by USD 25.54 billion during 2020-2024

“Effectively implementing a value-based model requires more than simply changing the payment methodology,” Norman Chenven, MD, vice chairman for the Council of Accountable Physician Practices, wrote in a 2019 blog post for Physicians Practice. “Successful transformation requires realignment of providers in order to design and deliver proactive care and prevention.”

If you are ready to move from an FFS healthcare model to VBC, here are four ways cloud computing can help ease the transition while optimizing your patient care delivery system.   

 

1. Builds a more comprehensive patient history 

In a traditional healthcare model, providers rely on patients to report symptoms and lifestyle habits that may impact health conditions. In most cases, the only time patients report symptoms is during their annual in-person exams. 

But with cloud computing, healthcare providers can regularly connect with patients through medical devices and telehealth services to collect wellness data and build a comprehensive profile. The result is…

 


 

Want to keep reading? Download the complete ebook, The Essential Guide to Healthcare Digital Transformation, here!

 

 

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Authors

Jayneel Patel
Jayneel Patel
SVP of Industries at | + posts

Jayneel is SVP of Industries here at Simplus.