Empowering Providers: A Deep Dive into Value-Based Care
Episode Overview
Privia Health empowers providers to maintain independence amidst hospital consolidation. The crawl, walk, run approach helps providers transition to value-based care. Technology integration is crucial for reducing administrative burdens on providers. Pod leadership plays a vital role in successful risk-taking for value-based contracts. Operational challenges vary across provider types, with tailored support from Privia.
Joining Privia was about figuring out where healthcare was moving and empowering physicians to reshape it.
Get ready to dive into the fascinating world of healthcare with Episode 33 of Healthscape, where Joy Basinger and Ilana Solomon chat with Sarath Degala, COO of Privia Health. This episode takes you on a journey through the intricate landscape of value-based care, focusing on how Privia Health supports providers in delivering top-notch services while maintaining independence. Sarath shares his experience and passion for reshaping healthcare, highlighting the importance of technology and talent in empowering physicians.
With a mission to keep providers independent amidst hospital consolidation, Privia Health offers a full suite of solutions to help practices succeed in value-based contracts. You’ll hear about Privia's unique approach, which involves stabilising practices with enhanced EHR systems, patient portals, and revenue cycles. The discussion also touches on the crawl, walk, run method of transitioning providers to value-based care, starting with upside-only contracts and moving towards more complex arrangements.
Sarath emphasises the importance of pod leadership and how thoughtful risk-taking can lead to successful outcomes for both providers and patients. The episode sheds light on operational challenges faced by different types of providers, from Medicaid to commercial, and how Privia assists them in overcoming these hurdles. With an emphasis on technology and workflow integration, Privia ensures that providers can focus on patient care rather than administrative burdens.
If you're curious about how healthcare is evolving and want to understand the dynamics of value-based care, this episode is a must-listen. It’s packed with insights on provider behaviour changes and the role of technology in enhancing healthcare delivery. Tune in to discover how Privia Health is making waves in the industry!