Stephanie Rock from Intus Care discusses the holistic approach needed for value-based care, integrating plan design, care delivery, and outcomes. The podcast covers the complexities of value-based care, including full-risk models and managing end-to-end care. It also explores the role of product management in aligning financial incentives with patient health outcomes and leveraging technology for desired results.
Value-based care models focus on holistic patient support for better outcomes.
Product management in healthcare emphasizes problem-solving and innovation over just delivering features.
Deep dives
Understanding Value-Based Care Models
Value-based care models like the full risk approach prioritize a per-member, per-month payment structure based on patient complexity. Providers are accountable for end-to-end patient care, covering medical, social, and mental health aspects. Focusing on patient holistic support, these models prove effective, especially with the elderly population, by placing financial incentives to enhance patient well-being.
The Evolving Role of Product Management in Healthcare
Product management in healthcare emphasizes creating value for customers through services and technology. The strategic role involves guiding product viability and value discussions. As technology advancements like AI transform the tech landscape, product management facilitates quick iterations for more effective outcomes. The emphasis remains on solving problems and driving valuable outcomes, rather than just delivering features.
Lessons on Growth and Adaptability in Product Careers
In product careers, embracing failure as a learning opportunity and staying open to team collaboration are crucial. Being able to quickly experiment, fail, and adapt contributes to growth and innovation. Encouraging a diverse team approach fosters a culture of questioning, learning, and continuous improvement in product development.
Stephanie Rock of Intus Care joins us in this episode, and talks about how value based care needs to be managed in its totality. It's not just plan design. It's not just a care delivery model. Everything needs to be factored into it, as all of it affects outcomes.
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