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Dr. K is joined by Dr. Joshua Liao, associate chair for health systems in the Department of Medicine at the University of Washington, and medical director of payment strategy for UW Medicine, for a discussion on the big ideas behind value-based care policy. Together they touch on the true meaning of value in healthcare, how to appraoch payment strateiges to improve outcomes, and how to do it all in a way that balances the interests of all health system stakeholders.