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The cost of health care continues to climb at an alarming and unsustainable rate, while the quality of care and our population’s overall health remains low compared to other developed nations.
The current fee-for-service payment system, along with a lack of meaningful data on cost and quality, is a major contributor to the challenges that continue to plague the health care system. A new, alternative payment model that is value-based, in contrast to traditional volume-based, has the potential to…