EPISODE · Oct 28, 2021 · 30 MIN
EP343: What Provider Leadership Teams Need to Know to Operationalize Value-Based Care, With David Carmouche, MD
In Episode 343, Stacey Richter talks with David Carmouche, MD, about what provider leadership teams need to know to operationalize value-based care. Dr. Carmouche breaks down the three things that have to align for value-based care to actually work: the payment model itself, physician and administrative incentives, and leadership skills that can drive the cultural shift from fee-for-service thinking to a team-based, mission-driven approach. WHAT YOU'LL LEARN ✅ Why provider organizations straddling fee-for-service and value-based payment models face real operational and cultural challenges ✅ Why physician and administrative incentives have to align with value-based goals — not reward driving up downstream costs ✅ Why leadership needs to be mission-driven and willing to take short-term revenue hits for longer-term value-based success ✅ How psychological safety for nurses, social workers, and staff connects directly to patient safety scores and quality ✅ What leadership skills — vision, communication, and courage — are required to make value-based care work WHY THIS MATTERS In the value-based care world, a physician has to recast themselves as part of a team — and that's an enormous cultural shift, but ultimately one that the facts mandate. Value-based care is a team sport, and teams require leadership that has a compelling vision and belief that value-based care offers benefits to all of the actors in the healthcare ecosystem. === LINKS === 🔗 Show Notes with all mentioned links: Episode Page 🔗 Healthcare Industry Acronyms and Terms ✉️ Enjoy this podcast? Subscribe to the free weekly newsletter 🫙 Support the podcast with a small donation to the Tip Jar 📺 Subscribe to our YouTube channel 🎤 Listen on Apple Podcasts 🎤 Listen on Spotify === CONNECT WITH THE RHV TEAM === ✭ LinkedIn ✭ Threads ✭ Bluesky ✭ X 00:00 Introduction. 06:31 How do you operationally deal with conflicting FFS and VBC processes? 07:23 "It's pretty clear in Medicare that our strategy in the future … is one of value." 11:31 "I think a bigger challenge, though, is that in many markets, there are just no opportunities to have experienced value-based care." 13:18 "How do we engage in collaborative relationships that would allow us to move into value?" 14:01 "No one wants to rush through their day in a series of seven-minute visits." 15:53 "In a fee-for-service environment … you're forced to bring people into the office to create an encounter who don't necessarily need to be there." 19:22 "We haven't really changed how we select and train physicians … in the last hundred years." 20:32 "We, as physicians, were taught to be accountable for outcomes; and we create probably an unnecessary and unfair burden on ourselves." 21:30 "In the value-based care world, a physician does have to recast themselves as part of a team." 22:30 "It is an enormous cultural shift … but ultimately, it's one that the facts … mandate." 26:58 "You have to have a compelling vision and belief that value-based care offers benefits to all of the actors in the healthcare ecosystem." 27:24 "You have to be able to communicate effectively across sectors." 27:43 "You have to have courage." 28:29 What are the leadership skills required to make value-based care work?
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EP343: What Provider Leadership Teams Need to Know to Operationalize Value-Based Care, With David Carmouche, MD
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