VBC
Medical abbreviation · Health Insurance
| Stands for | Value-based care |
|---|---|
| Categories | Medical |
VBC stands for Value-based care, a health insurance abbreviation.
Health care payment and delivery approach that rewards providers for quality, outcomes and cost efficiency rather than the volume of services. Models range from pay-for-performance bonuses and shared savings to bundled payments and full capitation.
Example: Moving to VBC contracts means we're paid for controlling A1C, not for the number of visits.
Usage notes
"Value" is typically defined as health outcomes achieved per dollar spent, a framing popularized by Harvard economist Michael Porter. CMS has set a goal of placing all Original Medicare beneficiaries in accountable care relationships by 2030. Success depends on accurate data, risk adjustment and care coordination.
Related abbreviations
More health insurance abbreviations
- ABN – Advance Beneficiary Notice of Noncoverage
- ACA – Affordable Care Act
- ACO – Accountable care organization
- AEP – Annual Enrollment Period
- AOB – Assignment of benefits
- APC – Ambulatory payment classification
- APTC – Advance premium tax credit
- ASO – Administrative services only
- AV – Actuarial value
- BAA – Business associate agreement
- BCBS – Blue Cross Blue Shield
- CDHP – Consumer-directed health plan
See all 107 health insurance abbreviations →
This entry is for general education and is not medical advice. Abbreviation use varies between institutions; always confirm in context.