06 Jun PODCAST: Transitioning to Value-Based Care – Navigating Challenges and Opportunities with Mark Coetzer, VP Business Development at IMAT Solutions

In our latest Advancing Healthcare Through Data podcast series, Mark Coetzer, VP Business Development at IMAT Solutions, discusses one of the most significant shifts in healthcare today: the transition from fee-for-service to value-based care.

For decades, the fee-for-service model has been the predominant way healthcare providers are reimbursed. This model pays providers for each service performed, such as tests, office visits, and procedures.

While this may seem straightforward, it has led to several critical challenges within the healthcare system. These include increased costs, fragmented care, and a lack of coordinated care for patients with chronic conditions.

In this podcast, Mark delves further into these challenges and discusses how value-based care enhances patient care outcomes. To bring value-based care to life, there’s a need for robust data collection and analytics, which points to IMAT Solutions as a key solution.

Following are highlights from the discussion:
• Current challenges with the fee-for-service model. (:35)
• How these challenges also increase healthcare costs. (1:54)
• How value-based care offers a solution to these challenges. (2:55)
• Why robust data collection and analytics is critical for transitioning to value-based care. (4:30)
• How IMAT Solutions addresses the technology related challenges in support of value-based care. (5:30)
• With the need for robust reporting and analytics, how IMAT Solutions is positioned to help across the healthcare value chain. (6:33)
• Regulatory challenges for transitioning to value-based care. (8:00)
• Why collaboration and innovation will be key to transition to value-based care. (9:00)

We would like to thank Mark for sharing his insights with us!

Let us support you in your journey to value-based care by aligning incentives with quality outcomes, improving patient health, reducing costs, and ultimately fostering a more efficient healthcare delivery system. Please contact IMAT Solutions to get started today.