Challenges healthcare organizations must face to develop strategies to achieve success in a value-based world
In recent years, we have seen significant shifts in the way we manage health in the U.S. As reimbursement models transition away from fee-for-service to value-based, there has been an increased focus on innovative models of care that integrate non-medical health factors such as food, housing, and transportation. These factors are often referred to as the social determinants of health (SDoH) and can account for up to 60% of our health. According to a 2017 report by the Deloitte Center for Health Solutions, 88% of hospitals are now screening for social needs. Also, the most recent Change Healthcare Annual Industry Pulse Report reveals that more than 80% of payers are already taking steps to promote value-based healthcare by addressing the social needs of their members.