The Liver Meeting 2019-The Case for Value-Based Care

Video Transcription

Video Summary

Dr. Ziad Galad, an Associate Professor of Medicine at Duke University, advocates for value-based care in healthcare. He highlights that healthcare costs in the US are high compared to other countries due to expensive prices. He discusses alternative payment models like bundled payments and per member per month fees as ways to align payment with value. Dr. Galad emphasizes the importance of specialists, such as hepatologists, in contributing to high-value care and navigating the shift to value-based models. He acknowledges challenges such as physician shortages, delegation of care to nurse practitioners, and physician alignment with hospital systems. Ultimately, he underscores the opportunity for specialists to participate meaningfully in value-based care and potentially benefit financially through shared savings.

Asset Caption

Presenter: Ziad F. Gellad

Keywords

Dr. Ziad Galad

Associate Professor

Value-based care

Healthcare costs

Alternative payment models

Specialists