You work for the contracting department for a national payer that is working to convert its provider contracts to value-based arrangements. Your team is approaching large physician groups for recontracting. Explain value-based care. Explain how value-based care differs from a fee-for-service or a capitated approach. Describe why adopting a value-based purchasing arrangement would be financially advantageous for the physician groups and to the health plan.Include at least three references, including your textbook.
