NEW YORK (December 8, 2021) — Yuvo Health, the technology-enabled administrative and managed-care solution for Federally Qualified Health Centers (FQHCs), today published its inaugural “How-To Guide” called Value-Based Care for FQHCs: Finding Success and Sustainability in a Rapidly Evolving Financial Environment. Providing an industry-landscape analysis, along with specific challenges and opportunities, the new research explains how “value-based care” is built upon the idea that lower costs, better outcomes, and more positive experiences are achievable through proactive, preventive care for entire populations. Instead of reimbursing healthcare providers for their volume of services, they receive payments for meeting quality benchmarks and keeping spending below agreed-upon levels.
“Unsurprisingly, the global pandemic continues to create tremendous challenges in the healthcare industry for community health centers and those who support them, so we wanted to explore ways to empower them through preparation,” said Cesar Herrera, CEO of Yuvo Health, which he co-founded in January 2021. “While uncovering the specific obstacles that our industry faces, our new ‘How-To Guide’ also reveals several exciting opportunities that await FQHCs and how they can not only anticipate them, but immediately seize them.”
As part of the key findings, Yuvo Health reveals the five best practices for preparing to participate in value-based care:
- Understand eligibility criteria and how to meet them.
- Assess staffing, technology, and other foundational infrastructure.
- Review contracts carefully, especially if taking on financial risk.
- Be realistic about the pace of change.
- Know when and how to get support when necessary.
“Although entering the value-based care ecosystem can seem daunting, having a clear understanding of the landscape will be key in identifying the investment and organizational change required to succeed,” said Lynn Budlong, an industry expert on FQHCs, as well as the former Chief Operating Officer of Community Care Cooperative (C3), a non-profit accountable care organization (ACO) comprised of 18 Federally Qualified Health Centers. “The most innovative community health centers who adopt these new strategies to manage the demands will not just survive the pandemic, but truly thrive in 2022 and beyond.”
About Yuvo Health:
Founded in New York City, Yuvo Health launched in January 2021 by a fully BIPOC founding team that has seen firsthand the power of quality care for underserved communities. The innovative startup is a trustworthy, industry-leading solution for providing administrative and managed-care contracting services to Federally Qualified Health Centers (FQHCs). With Yuvo, our nation's FQHCs gain the peace of mind to focus on what they do best: provide quality care to communities in need. Our FQHC partners are able to unlock revenue streams via value-based care without the daunting investment and operating burden. Currently serving the downstate New York market, the company plans to expand across New York, the Midwest, and the Mid-Atlantic regions.