Erik Johnson, Lyle Berkowitz, MD
2026.3.31Telehealth and Medicine Today
Abstract
Is value based care truly aligning incentives — or redistributing financial risk across payers, providers, and patients in ways that compress margins and shift burden? Is telehealth a costsaving lever under properly structured risk contracts — or perceived as a margin threat? At a time when value based care dominates policy rhetoric, this episode moves past theory and into financial reality. This discussion directly examines whether value based care is delivering on its economic promise — or simply reshuffling financial risk across the system. This episode also addresses the deeper economic tension beneath the surface: Who wins, who loses, and who is subsidizing whom?
Citation format
JOHNSON, Erik; LYLE BERKOWITZ, Md. The real economics of value based care. Telehealth and Medicine Today, 2026, 11(1).