What happens when the conventional way of doing things in healthcare is challenged?

On today’s Practice Freedom, Dr. Clive Fields, co-founder of VillageMD and one of the most influential clinical executives in modern healthcare, offers his unique perspective on this question. Drawing from his years of experience, he discusses the essence of independent private practice and how the future of healthcare is changing with a move towards value-based care and outcome-based reimbursement.

We navigate the intricacies of the healthcare system and how it affects both providers and patients. We explore how providers, rather than insurance companies, are becoming more central to the healthcare model, getting paid for keeping people healthy instead of treating them when they fall sick. Dr. Fields shares his insights about this shift, discussing its potential to reduce future healthcare costs and improve patient care. 

In the final part of our conversation, we delve into Dr. Fields’ personal journey. From his transition from a healthcare provider to a leader, he reveals the vision and mission of VillageMD. With a focus on leadership, transparency, and impact, Dr. Fields articulates how these elements have been pivotal in shaping the growth of his organization and what he believes the future of healthcare and technology holds.

In this episode, you will hear:

• The essence of independent private practice and the commitment to provide high-quality care and the mindset of private practice
• An exploration of outcome-based reimbursement in healthcare and how it can effectively reduce readmission rates
• The shift from the traditional model of healthcare towards a value-based model, where providers are paid for keeping people healthy
• Dr. Clive Fields’ experiences transitioning from a provider to a leader in the healthcare industry and how it has shaped the growth and development of VillageMD
• Leadership, transparency, and impact in healthcare, and the role of communication in maintaining a sense of culture and consistency within an organization
• Dr. Fields’ emphasis on the importance of a relationship-based healthcare system and the future of healthcare and technology
• His thoughts on entrepreneurial healthcare leadership, the power of healthcare providers, and the importance of supporting successful colleagues

Resources from this episode:

• VillageMD website: www.villagemd.com
• Email Dr. Clive Fields: [email protected]
• Connect with Dr. Fields on LinkedIn: www.linkedin.com/in/clive-fields-901b7b10
• Find Dr. Fields on Twitter/X: twitter.com/drclivefields

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