BC Advantage - 2024 Issue 5

How Lab Benefits Management Can Smooth the Transition to Value-Based Care

Switching the U.S. healthcare system from the traditional fee-for-service model to value-based care is an enormous undertaking. It requires no less than changing how healthcare is thought of, delivered, measured, and paid for.   Cue the old saying about how long it takes to turn a supertanker. The VBC transition is such a huge task that it's important to take advantage of all reforms that will allow the goal to be accomplished more quickly and easily. Though often overlooked for broader and more visible initiatives, lab benefits management (LBM) is one way to accelerate the transition.   Consider...

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