The Business Model Transition To Value-Based Reimb
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Gettysburg, PA, May 22, 2018 (GLOBE NEWSWIRE) -- OPEN MINDS Senior Associate, Ken Carr, delivered the opening keynote presentation, “The Business Model Transition To Value-Based Reimbursement,” at The West Virginia Behavioral Healthcare Providers Association Annual Conference, on May 9th, 2018, at the Stonewall Jackson Resort, in Roanoke, West Virginia.
In his presentation, Ken Carr focused on how provider organizations can prepare for value-based reimbursement and the impacts for provider organizations in the West Virginia market. The conference featured presentations and workshops geared towards education senior leadership on new therapy methods and management best practices to improve their organizations.
“Value-based purchasing will be the dominant health care purchasing model moving into the future – payments that are not based on outcomes are not consumers or payers want,” said Ken Carr, Senior Associate and Subject Matter Expert, OPEN MINDS . “This means that provider organizations need to focus on how they can ensure outcomes – focusing on outcomes, creating a data-driven culture, implementing new technology to support performance management, and managing costs are competencies necessary to deliver quality services at the lowest cost. Now is the time for organizations to prepare for new funding models by assessing readiness and systematically building these new core competencies.”
West Virginia Behavioral Health Care Providers Association’s Senior Leaders Conference is an annual conference to bring together a diverse group of presenters to share information about cognitive, behavioral, and other therapeutic strategies, promising programs, and evidence-based practices. This year’s conference featured the faculty covering topics such as value-based reimbursement, privacy and compliance, resiliency for Appalachia, servant leadership, and law enforcement assisted diversions.
“Value-based reimbursement is the future of health care in America. Mr. Carr’s presentation was relevant and informative,” said Mark Drennan, Executive Director, West Virginia Behavioral Healthcare Providers Association. “Ken Carr is an expert and the attendees left this session understanding more about value-based reimbursement. Conference attendees requested to hear from him in future sessions.”
Mr. Carr, Senior Associate and Subject Matter Expert, has more than 20 years of executive-level finance, technology, data analysis, and reporting experience to OPEN MINDS . To view Ken Carr’s entire professional biography, please visit: https://www.openminds.com/team-members/ken-carr.
For additional questions and inquiries, please contact Tim Snyder, Executive Vice President, OPEN MINDS at 717-334-1329 or tsndyer@openminds.com
About West Virginia Behavioral Healthcare Providers Association
The West Virginia Behavioral Healthcare Providers Association is located in Charleston, West Virginia. The organization has developed a network of organizations and advocates who promote services of unparalleled value. Their goal is to create and sustain healthy and secure communities. The Association’s members are behavioral health care provider organizations serving recipients in each of the State’s fifty-five counties.
ABOUT OPEN MINDS
OPEN MINDS is a national market intelligence and strategic advisory firm focused on the sectors of the health and human service field serving consumers with chronic conditions and complex support needs. Founded in 1987 and based in Gettysburg, Pennsylvania, the 175+ associates provide market insights and innovative management solutions designed to improve operational and strategic performance. Learn more at www.openminds.com.
Tim Snyder OPEN MINDS 7173341329 tsnyder@openminds.com
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