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Caron praises VBC; is at risk for 90 days post‐discharge
Author(s) -
Knopf Alison
Publication year - 2021
Publication title -
alcoholism and drug abuse weekly
Language(s) - English
Resource type - Journals
eISSN - 1556-7591
pISSN - 1042-1394
DOI - 10.1002/adaw.33066
Subject(s) - limiting , officer , value (mathematics) , profit (economics) , chief executive officer , medical care , business , medicine , management , economics , family medicine , political science , law , engineering , mathematics , statistics , microeconomics , mechanical engineering
Signing an agreement with a managed care company may not seem like a path to profit and good patient care, but for the legendary Caron, it has been working out. Value‐based contracting (VBC) is what it sounds like: giving the insurance company value for its money. But this is not based on limiting days or type of treatment, just dollars. And as long as those dollars are agreed upon, all is well, according to Joseph Garbely, D.O., chief medical officer at Caron, in an interview with ADAW .