As the healthcare industry continues to move toward value-based delivery and payment models, payers must rethink the way they engage with provider partners. Building new payer-provider collaborations will be critical to success in a value-based healthcare world where both parties share financial risk for achieving health outcomes.

Under such models, payers and providers have incentives aligned around providing the right care to the right patient at the right time, ultimately achieving better outcomes at lower cost. Developing such partnerships can ultimately serve as the basis for a new business model that is sustainable in the increasingly competitive and cost-conscious healthcare environment.