EP343: What Provider Leadership Teams Need to Know to Operationalize Value-Based Care, With David Carmouche, MD episode artwork

EPISODE · Oct 28, 2021 · 30 MIN

EP343: What Provider Leadership Teams Need to Know to Operationalize Value-Based Care, With David Carmouche, MD

from Relentless Health Value

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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