VBC shifts to fee for value, reaching 42% by 2030.
Value-Based Care, introduced in 2008, aims to shift risk from the payer to the provider. It incentivizes providers to deliver value, or fee for value, rather than just services under the traditional fee for service model. The VBC industry has been growing constantly, with the US expected to have 42% of national health expenditures in some form of risk sharing arrangement by 2030. This growth is significant because VBC providers are actively focused on reducing risk, which aligns perfectly with the needs of self-insured companies and the capabilities of AI predictions.