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Over the past decade, value-based care has emerged as a solution to healthcare organizations’ (HCOs) rising concerns around cost and quality of care. By linking payment for healthcare to the quality of care provided, value-based care represents a shift in the way healthcare is delivered and reimbursed. Several variations of value-based arrangements—accountable care organizations (ACOs), bundled payments, and CMS programs such as the Medicare Shared Savings Program (MSSP) and Medicare Advantage—have been shown to increase patient and provider satisfaction, reduce costs, and improve patient outcomes.

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