January 29, 2024

Value-Based Care and Healthy Aging

Exploring Value-Based Care and Healthy Aging

Value-Based Care (VBC) represents a paradigm shift in healthcare delivery, transitioning from traditional volume-based models towards a system that prioritizes patient outcomes and cost efficiency. Under VBC, organizations are incentivized to improve patient health, reduce hospitalizations, and mitigate chronic disease prevalence. This approach is gaining momentum in the current healthcare scenario, potentially enhancing patient satisfaction and improving overall health outcomes.

What Is Healthy Aging?

Healthy aging is the concept of helping people learn to live independently longer. This means they can stay in their own homes or Continuing Care Retirement Community (CCRC)/Life Plan Community apartments longer and live more independently without intense care from healthcare professionals.

Value-Based Healthcare Best Practices for Your Organization

Using motivational interviewing and other behavioral health concepts can help an organization fully understand a person’s goals for independent living. It is also crucial to better understand the unique set of barriers that an individual may face to achieving that goal. Once the goal and barriers are identified, a specifically trained nurse coach using a structured and proven process can use virtual coaching to help an individual learn to achieve their desired goals and overcome perceived barriers.

 This cannot be achieved through specific chronic condition management for several reasons. First, most older adults have two or more chronic conditions, and specific coaching will only deal with one of them. But, most importantly, research shows the barriers that older adults face are a combination of physical and mental health issues, communication issues with friends, family doctors, and pharmacists, dealing with grief and loss, managing a constellation of medication adherence issues, like complexity, side-effects, concern about whether a medication is doing something, cost, and even ability to refill their prescriptions, and social determinants of health. A robust healthy aging program will deal with this wide range of issues and pinpoint and prioritize barriers to healthy aging for each participant.

Understanding Healthy Aging & the Value-Based Care Model

Healthy aging programs exemplify Value-Based Care at its best and contribute to achieving the primary objective effectively. Organizations that have implemented a comprehensive and proven healthy aging program can expect participants to enjoy living independently for 3-5 years longer, resulting in annual cost savings of up to $20,000 per year. Not only that, but they will also experience significantly higher satisfaction rates and quality of life scores than those who do not participate. A comprehensive and proven healthy aging program:

  1. Upholds the promises of Value-Based Care
  2. Reduces costs as individuals living independently incur substantially lower costs than those needing daily care
  3. Improves participants’ lives, satisfaction levels, and self-perceived quality of health and life scores

Value-Based Healthcare Has a Bright Future

It is essential that the right healthy aging program is offered by a reputable organization, thoroughly tested, evaluated, and supported by proven outcomes and testimonials from participants and respected third-party organizations and individuals, to ensure credibility. The future of healthcare is trending toward value-based care, with healthy aging programs at the forefront of this revolution.

Learn More About Value-Based Care With HealthyLifetime

Don’t hesitate to join this transformative shift in healthcare in the United States. Get in touch with the HealthyLifetime team to learn more about value-based care and healthy aging programs. Begin your journey towards improved healthcare outcomes and patient satisfaction by contacting us today.

Doctor with a heart model promoting senior living assistance in Ann Arbor
HealthyLifetime Logo

Explore Other Recent Posts