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Lee McGrath of Blue Cross and Blue Shield of Illinois talks value-based care

During a captivating talk at MATTER, Lee McGrath, divisional vice president of innovation and strategy at BlueCross and Blue Shield of Illinois, discussed the future of accountable care organizations (ACOs).

Watch the full event here.

Below are a few noteworthy points from Lee’s talk.

How is fee-for-service faili…

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The business of healthcare is changing.

As the economic and payment models that defined the industry in the 20th century become increasingly unsustainable, new models focused on delivering value to patients — rather than billing for procedures — are taking root. This fundamental shift in the way healthcare companies are expected to do business, along with extraordinary advances in technology, …

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