Joining us on the podcast this week is Dr. Clive Fields, the Co-Founder and Chief Medical Officer for VillageMD. Dr. Fields is a leader of high influence in the value economy, having been named to Modern Healthcare’s lists of the 50 Most Influential Clinical Executives and the 100 Most Influential People in Healthcare.  His company, VillageMD, is a leading, national provider of value-based primary care services that partners with physicians to deliver high-quality clinical care and better patient outcomes, while reducing total cost of care. In the years since Dr. Fields co-founded the company, VillageMD has grown to 15 markets and is responsible for more than 1.6 million patients. In 2021, VillageMD received a $5.2 billion investment from Walgreens Boots Alliance, which is looking to expand its healthcare offerings with VillageMD as a partner. This significant multi-billion investment will accelerate the opening of at least 600 Village Medical at Walgreens primary care practices in more than 30 U.S. markets by 2025 and 1,000 by 2027, with more than half of those practices in medically underserved communities. The Race to Value is honored to have Dr. Fields share his perspective on the opportunity for consumer-centric care delivery in our country.  We discussed important issues such as health equity, digital transformation, integrated pharmacy, home-based care delivery, multipayer contracting, health policy, and employer healthcare costs. Don’t miss out on this important interview so you can learn what it takes to succeed for the future of value-based care! Episode Bookmarks: 01:40 Introduction to Dr. Clive Fields and VillageMD 05:00 The intersection between value-based care delivery and consumerism 07:00 “Value-based health care success requires affability, availability and ability.” 08:40 Using a team-based, proactive, risk-stratified approach to care to deliver the best outcomes 09:00 Are we using the term “value” incorrectly in the industry? 10:00 VillageMD’s recently announced partnership with Walgreens and how it will provide scalability 12:00 How outcomes-based reimbursement can improve health equity in underserved communities 13:00 The transformative impact of the value movement on primary care 16:00 The acceleration of virtual care and the role it plays in a consumer-centric care delivery 18:00 What will virtual care look like in the post-pandemic era? 18:45 How the economics of global capitation drives improved health outcomes 20:00 The role that pharmacy integration plays in value-based care 21:45 Dr. Fields discusses how pharmacists should be utilized in the ambulatory care setting 23:00 Lessons learned from pharmacy integration and how that informed VillageMD’s collaboration with Walgreens 24:20 How pharmacist intervention can improve both provider and consumer experience by switching to formulary-equivalent drugs 26:45 Referencing recent McKinsey & Company study that projects up to $265B in facility care shifting to the home setting by 2025 27:45 Village Medical at Home – a leading example of home-based care delivery 28:40 “The lack of home-based care is partly related to the hubris of physicians.” 29:30 Dr. Fields reflects on how office-based care contributes to a misinterpretation of social barriers 31:45 Care in the home as the safest and most comfortable option 34:00 How VillageMD has cares for all patient populations (not just particular high-risk segments) 36:20 “We built a model that actually expands doctors’ panels – not limiting them to a certain product or payer.” 37:45 Managing risk across different populations with segregation by SDOH and risk determination (not payer status) 39:30 Referencing Dr. Fields’ most recent Op-Ed in Modern Healthcare addressing the criticisms of the Direct Contracting model 40:30 Dr. Fields provides commentary on the hyper-politicized debate related to public-private partnerships in the Medica...