Value-based Contracting (VBC) Masterclass (Virtual)
Join us for an immersive and comprehensive Value-based Contracting (VBC) Masterclass offered by the UCSF Rosenman Institute.
This is a 2-class series, designed to equip healthcare professionals with the knowledge and skills necessary to navigate and excel in the evolving landscape of risk contracting.
This course is meticulously crafted to provide a deep understanding of the historical context, critical components, and practical applications of value-based contracting. It leverages real-world data and evidence to drive successful outcomes.
Key Details:
Dates: Tuesdays, Sept 24 & Oct 1
Time: 9:00 – 10:30 AM PT
Venue: Virtual
Learning Objectives:
History of Risk Contracting and Types of Contracts:
- Gain insight into the evolution of risk contracting.
- Understand the various types of risk contracts prevalent in the healthcare industry.
Understanding Payer Priorities:
- Learn what payers prioritize in value-based contracts.
- Explore the key factors that influence payer decisions and contract terms.
Evidence Requirements:
- Identify the types of evidence required to support value-based contracts.
- Understand the siginficance of robust data and outcomes in VBC negotiations.
Six Steps to Successful Risk Contracting:
- Master a step-by-step approach to achieving success in risk contracting.
- Learn practical strategies for each stage of the contracting process.
Importance of Data and Calculating ROI:
- Understand the crucial role of data in value-based contracting.
- Learn how to calculate the Return on Investment (ROI) with and without real-world data.
Risk Contract Design:
- Risk Contract Components:
- Discover the essential components of a well-structured risk contract.
- Common VBC Contracting Mistakes:
- Learn about frequent pitfalls in VBC contracting and how to avoid them.
Pricing Techniques for Different Disease Verticals and Markets:
- Explore various pricing strategies tailored to specific disease areas and market conditions.
Operational Planning and Reporting:
- Develop effective operational plans to support value-based contracts.
- Understand the importance of comprehensive reporting in VBC.
Outcomes Evaluation to Demonstrate Value:
- Learn how to evaluate outcomes to demonstrate the value of healthcare interventions.
- Common Evaluation Mistakes:
- Identify common errors in outcomes evaluation and how to prevent them.
Common Mistakes Providers Make:
- Understand the common mistakes providers make in value-based contracting and strategies to mitigate these issues.
Illustrations and Case Studies:
- Throughout the masterclass, participants will engage with detailed illustrations and case studies that provide practical examples and real-world applications of value-based contracting principles.
About the Instructor:
Ian Duncan, PhD FSA MAAA, Adjunct Professor, UCSB Ian Duncan is an Adjunct Professor of Actuarial Statistics at the University of California, Santa Barbara (UCSB). With over 40 years of experience in the healthcare field, Ian has served as a consultant, founder and president of three healthcare analytics companies, developer of software products, and manager of care management programs. He was the Vice President for Clinical Outcomes and Reporting at Walgreens and a consultant at Price Waterhouse and PwC. Ian is the author of three books, numerous peer-reviewed papers, and book chapters on health outcomes, predictive modeling, and risk adjustment.