Optimizing a Value-Based Managed Care Model

Sponsor

Oak Street Health: Dr. Alex Kreig

Student Team

Master of Engineering: Ting-Wei Chu
Undergraduates: Neil Patel, Luka Karginov, Ruben Verghese

Description

Most primary care practices follow fee-for-service models, which often prioritize volume of patient visits over quality of care. Oak Street Health largely operates under a value-based managed care model, meaning our approach aligns the incentives of our patients, our providers and our payors by simultaneously improving health outcomes and care quality, lowering medical costs and improving the patient experience. Due to the large "dosage" of primary care visits Oak Street Health patients receive, it is crucial that we match the correct clinician to the right panel of patients. Oak Street Health collects an unpresented level of data on our patients, healthcare interactions, and providers. Through leveraging of these data assets, we believe we can fulfill our mission statement of "rebuilding healthcare as it should be."

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