From FLAACOs to the Frontlines: Key Insights for Value-Based Care Visionaries

FLAACOs 2024 Annual ConferenceJust over a week ago, I had the privilege of attending the Florida Association of ACOs (FLAACOs) annual fall conference. It was my first time attending as CEO of BettrAi, and the experience left a profound impression. The energy in the room was palpable—a gathering of leaders, innovators, and changemakers all working toward a common goal: advancing value-based care.

For me, four key themes stood out, and they’ve reshaped the way I think about where we’re headed—not just as a company, but as a partner in this collective journey toward better, smarter, more value-driven care.

 

1. Long-Term Care’s Shift to Value-Based Care: The Time Is Now

The movement of Long-Term Care (LTC) to value-based care (VBC) is no longer a distant possibility; it’s here. What stood out to me most during the conference was the recognition of LTC as a critical player in achieving the Quad Aim—improved patient outcomes, better population health, reduced costs, and enhanced provider satisfaction.

However, there’s a glaring gap that can’t be ignored: fewer than 10% of LTC facilities currently participate in an ACO. This highlights a massive untapped opportunity for LTC providers to embrace value-based models and align their care strategies with the goals of ACOs. The benefits are clear—enhanced care coordination, reduced costs, and improved outcomes—but the path forward requires the right tools, strategies, and support.

At BettrAi, we’re focused on equipping LTC providers with the insights and technology they need to bridge this gap. By helping them integrate into value-based care frameworks, we can support them in delivering meaningful, measurable care that aligns with the broader goals of the healthcare ecosystem.

 

2. Rethinking Patient Engagement: Beyond Surface-Level Interactions

Patient engagement emerged as a recurring theme throughout the conference, and for good reason. It’s a cornerstone of effective care, yet so often, our strategies fall short. Engagement isn’t about one-size-fits-all solutions; it’s about meeting patients where they are—whether that’s through remote monitoring, digital touchpoints, or more accessible communication methods.

What resonated with me most was the push to make engagement personal and actionable. Real engagement isn’t just about ticking a box; it’s about empowering patients to take an active role in their care plans. When done right, engagement leads to better compliance, stronger outcomes, and a more connected care experience.

 

3. Most LTC Patients Are at Home: A Call for Connected Care

Here’s the statistic that stuck with me: fewer than 30% of patients receiving long-term care are in a facility. The majority—over 70%—are at home. This reality demands a shift in how we approach LTC. We need systems designed to support patients not in traditional care settings but in their own environments.

This isn’t just a logistical challenge; it’s an opportunity. Patients in home-based care settings often face unique barriers, but with the right tools—such as remote monitoring and predictive analytics—we can create a safety net that ensures no one falls through the cracks. At BettrAi, we’re committed to providing solutions that bridge this gap, making care seamless, even when patients are far from a facility.

 

4. “Patient Provided Data” Is the Missing Link

This might be the most exciting takeaway of all. As an industry, we’ve made significant strides in collecting and analyzing provider-driven data. But there’s an untapped well of information waiting to be unlocked: data provided by patients themselves.

Think about it—patients can offer invaluable insights into their daily lives, from medication adherence to symptom tracking to lifestyle choices. Incorporating this data into care plans could revolutionize how we approach compliance, creating a more holistic view of the patient’s health. At BettrAi, we’re already exploring ways to leverage this data, empowering patients to be active contributors to their care and giving providers the insights they need to intervene earlier and more effectively.

 

Looking Ahead: A Future Built on Collaboration

The FLAACOs conference was a powerful reminder of the collaborative spirit driving value-based care forward. The challenges we face are significant, but the opportunities to innovate and improve are even greater. What excites me most is the shared commitment among healthcare leaders to tackle these issues together—combining expertise, technology, and compassion to build a smarter, more connected future.

At BettrAi, our mission is to improve patient health and well-being by delivering actionable insights through our AI-powered comprehensive virtual care platform. We empower healthcare organizations to enhance care coordination, engage patients meaningfully, and optimize health outcomes—all while reducing the complexities of value-based care. If these themes resonate with you, I’d love to continue the conversation. Together, we can redefine what’s possible in value-based care.

Let’s get to work.

 

Brad Hill - BettrAi CEOBrad Hill, Chief Executive Officer

BettrAi