Value-Based Insurance Design & the Digital Front Door
A Professor in Medicine and Public Health at the University of Michigan, A. Mark Fendwick M.D. conceptualized and coined the term Value-Based Insurance Design (V-BID) and currently directs the U-M V-BID Center. During the podcast, Mark discusses the premise of Value-Based Insurance Design, which is to improve health outcomes by reducing financial barriers to essential, high-value clinical services. Other topics discussed include:
- Evolution of V-BID
- Difference between V-BID and Value-Based Care
- How to incorporate digital into V-Bid
- Challenges of V-BID and how to overcome them
This episode of Bright Spots in Healthcare is sponsored by Healthy.io.
Healthy.io is the global leader in turning the smartphone camera into a clinical-grade medical device for an at-home urinalysis and digital wound management. Their home urinalysis kit aids in the diagnosis of chronic kidney disease, urinary tract infections, and prenatal testing and is used by leading healthcare systems worldwide.