In the early 2000s, a growing body of research showed that fee-for-service reimbursement models, where providers are paid based on the volume of service they claim to deliver, were contributing to rising healthcare costs, inconsistent quality outcomes and financial unpredictability for providers and healthcare organizations.
A landmark series of reports from the Institute of Medicine (now known as the National Academy of Medicine) called for a “STEEP” approach to healthcare: safe, timely, efficient, equitable, patient-centered care – this concept became the framework for VBC (Value-Based Care). Federal programs like the Affordable Care Act and Medicare’s Value-Based Purchasing Program accelerated the implementation of the VBC approach, with solutions such as bundled payments and quality metrics reporting.
VBC is now an integral component of both public and private payer structures, with a growing emphasis on interoperability, risk adjustment and health equity.
However, providers currently lack a single, authoritative source for best practices, treatment plans, and guidelines regarding clinical care and documentation for VBC. The American Academy of Value-Based Care (AAVBC) serves as the single source of truth for curated diagnostics, care pathways, and tools enabling VBC delivery:
A landmark series of reports from the Institute of Medicine (now known as the National Academy of Medicine) called for a “STEEP” approach to healthcare: safe, timely, efficient, equitable, patient-centered care – this concept became the framework for VBC (Value-Based Care). Federal programs like the Affordable Care Act and Medicare’s Value-Based Purchasing Program accelerated the implementation of the VBC approach, with solutions such as bundled payments and quality metrics reporting.
VBC is now an integral component of both public and private payer structures, with a growing emphasis on interoperability, risk adjustment and health equity.
However, providers currently lack a single, authoritative source for best practices, treatment plans, and guidelines regarding clinical care and documentation for VBC. The American Academy of Value-Based Care (AAVBC) serves as the single source of truth for curated diagnostics, care pathways, and tools enabling VBC delivery:
Leadership Profile
Eric Haas, MD
Chief Medical Officer
J. Eric Haas, MD is the Chief Medical Officer of the American Academy of Value-Based Care, where he provides strategic direction and clinical expertise to deliver evidence-based guidelines, protocols, and education for physicians, health plans, and medical societies nationwide.
