Many forward-thinking health systems are now weighing the pros and cons of creating their own payvider solution, taking on the roles of both payor and provider.
This white paper presents the business case for establishing a payvider solution. It examines how becoming a payvider drives additional revenue as well as strategic value. This can include building a health system’s brand and position in the market, developing relationships with regional employers, and greater control in negotiations with other payors. For a payvider, the incentives are aligned for health system leaders to create real change and care transformation. By consolidating both care delivery and finance under one strategic leadership team, payviders can create powerful opportunities to reconstruct the system and make real progress toward achieving their goals.
This white paper presents the business case for a health system to establish a payvider:
Becoming a payvider offers financial value, driving additional revenue and strategic value.
The payvider model can create a steady revenue stream separate from a health system’s traditional care-delivery income.
The payvider model can ensure a steady stream of patients, with fair reimbursement rates that are paid by those patients’ employers.
