It’s Time to Help Clinicians Do What They Were Meant to Do
Vik Bakhru, MD/MBA
President & CEO | Board Member | Physician | Digital Health Entrepreneur | Innovating at the intersection of value-based care and health equity
I recently stumbled upon an online forum that posed a question many have pondered: What would you do if you had the resources you needed to retire today? I opened the comments, expecting to read about movie marathons and never-ending beach vacations.
But that’s not what I found. Instead, I found hope.
Nearly every comment envisioned a life in service of others. One commenter shared plans to open a free hospital for kids. One imagined gardening with folks at the local nursing home. Another dreamed of building kid-sized musical instruments and donating them to underfunded elementary schools.
What a beautiful world this would be! If people suddenly had the resources they needed, they wouldn’t retire in the conventional sense, they’d do what they felt they were meant to do.
I began to wonder: What would clinicians do if they had the resources to retire today?
Some would, of course, retire. But medicine runs on the dedication and selfless service of its providers. It’s not difficult to envision a world where doctors, nurses, and support staff would continue caring for others, even if they didn’t need to —?after all, it’s what many of them say they were meant to do.
I’m not here to push for utopia. Rather, I’m here to work hard to build a healthcare ecosystem where clinicians are incentivized to follow their calling, unencumbered by the failures of our current system.
That’s impossible in a fee-for-service world. In fact, features (not bugs) of this system, like burnout, are driving 20% of doctors toward conventional retirement in the next two years.
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The endless churn of the fee-for-service model isn’t working for clinicians, and robust data suggests it doesn’t work well for patients, either. It entangles providers in webs of misaligned incentives and administrative tasks, and prevents them from building meaningful relationships, helping people achieve health, and using their education and expertise to accomplish social good.
So, how can we give clinicians an opportunity to do that —?to do what they were meant to do?
Value-based care emerged as a solution to this problem decades ago, but it has yet to deliver on its promise.
Why? It’s not just lagging implementation. Under value-based care’s current framework, clinicians still don’t have the resources they need to do their jobs. We simply can’t expect them to understand whether they’re making progress toward value-based care if we don’t supply them with the tools needed to track and incentivize that progress.
Doing value-based care the right way starts with supporting clinicians with provider enablement platforms that surface meaningful, actionable insights. Platforms that provide clear metrics connecting payment with performance. Platforms that give them real-time feedback, so they can double down when they achieve better patient outcomes or augment their approach when things go awry.
Healthcare has failed to do that. But we shouldn’t be confused about the reason why: It’s not value-based care that’s falling short, it’s the short-sighted way in which we’ve implemented it.
It’s time to push onward and upward toward this vision. It’s time to help clinicians do what they were meant to do.
Empowering staff to practice by their moral code while allowing patients to decide the care and treatments they receive through knowledge of all treatment options.
2 年Vik Bakhru, MD MBA (he/him) I agree that we need to return care to being about the patient and provide clinicians with the opportunity to provide care. From what you have shared, it seems like you are referring to better real-time data on meeting the value based metrics. Does that include more specific documentation options or how do you envision that looking?
Growth-Focused Sales & Digital Transformation Leader with a Strong Record of Success in Telecom | Transitioning to HealthTech | Aiming to Align Technology Solutions with Healthcare Policy Needs & Patient Impact
2 年“It’s not value-based care that’s falling short, it’s the short-sighted way in which we’ve implemented it.” As a newcomer into Healthcare having spent the past 9 months in building a career pivot, my perspective of VBC is that it’s short on critical thinking in the way it’s being implemented. I hope I am not offending anyone who reads this post - wanted to offer a fresh perspective.
Product Leader @ Zocdoc | X-Google, X-Startup | Marketplaces, Health Tech, AI/ML
2 年Love this, thanks Vik
Building a healthier, more equitable world | Forming cultural connections to empower patients | Founder & CEO, SameSky Health | #HealthEquity #SDOH #MemberEngagement
2 年"We simply can’t expect them to understand whether they’re making progress toward value-based care if we don’t supply them with the tools needed to track and incentivize that progress." Thanks for this thoughtful article, Vik. We can't address problems we can't see.