AI Snips
Chapters
Transcript
Episode notes
Value-Based Care in Asia
- Value-based care is in its infancy in most Asian markets, with fee-for-service models dominating.
- Singapore's "Healthier SG" initiative signifies a major shift towards value-based care principles.
Value-Based Care in South Korea
- Value-based care is also in its early stages in South Korea, with limited implementation of programs like DRGs.
- Provider buy-in remains a challenge due to the entrenched fee-for-service system.
Value-Based Care in Australia
- Australia, particularly New South Wales, has made progress in value-based care, focusing on patient value and outcome-based funding.
- They are exploring new funding models and collaborating with primary care to improve value across the system.