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Why Data Analytics are Critical in a Value-Based Care (VBC) Environment

AIHC

Medicare changed reimbursement methodology in the 1980s by introducing Relative Value Units (RVUs) and the RBRVS (Resource-Based Relative Value System) for physician reimbursement. As the cost of providing care grew, payers started instituting methods to curb expenses and how claims were paid. healthcare system were exorbitant.

article thumbnail

Why Data Analytics are Critical in a Value-Based Care (VBC) Environment

AIHC

Medicare changed reimbursement methodology in the 1980s by introducing Relative Value Units (RVUs) and the RBRVS (Resource-Based Relative Value System) for physician reimbursement. As the cost of providing care grew, payers started instituting methods to curb expenses and how claims were paid. healthcare system were exorbitant.