Here is a four-step approach to pursue SDoH as part of a value-based care strategy.
As the healthcare industry shifts toward a greater focus on value-based care models, there is immense opportunity to integrate social determinants of health (SDoH) into these strategies. Social determinants of health represent the social, economic, psychological, educational, and environmental factors that impact an individual’s health outside of the traditional healthcare setting.
While social determinants can lead to important analysis and insight that can improve health outcomes for patients, many stakeholders in healthcare struggle to identify these factors in their populations and do not have the mechanisms to tackle these issues alone.
To address the challenges of collecting and scaling social determinants data in a way that benefits the payer, provider, and patient, below is a new blueprint designed to harness the true value of this data.
Related article: 4 Ways Health Plans and Communities Can Address SDOH
This blueprint outlines a four-step approach to pursue SDoH as part of a value-based care strategy, including:
Improving access to care, increasing adherence to treatment, and encouraging healthy behaviors can only be accomplished when we take the opportunity to understand the nonclinical factors that affect patients. By following this blueprint, existing barriers can be slowly broken down and organizations can begin to extensively address these conditions.
Lindee Chin, MD, is the senior clinical director of value-based care at Edifecs, a global health information technology company.
We conducted our annual State of the Industry survey in the early part of November 2023. The survey had 432 respondents, of whom 56% self-reported working for a payer organization (pharmacy benefit manager, insurer or self-insured employer), 34% for a provider organization and the remainder for government or an unspecified “other” category.
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Doug Chaet of Value Evolutions Discusses Value-based Payment Models, Where They Stand and More
September 29th 2022In this episode of Tuning In to the C-Suite, Managing Editor of Managed Healthcare Executive, Peter Wehrwein, speaks with President of Value Evolutions and MHE Editorial Advisory Board Member, Doug Chaet, FACHE, about value-based care's current standing, the status of select payment models like bundled and episodic, and more.
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