Value Based Healthcare Roadmap To Improving Patient Outcomes

A Value Based Care Model Benefits Everyone Ace Healthcare Solutions Value based healthcare (vbhc) aims at improving patient outcomes while optimizing the use of hospitals’ resources among medical personnel, administrations, and support services through an evidence based, collaborative approach. in this article, we present a blueprint for the implementation of vbhc in hospitals, based on our experience as members of the european university hospital alliance. Value based heathcare is a form of healthcare delivery framework that that incentivizes healthcare providers to focus on the quality of services rendered, as opposed to the quantity. under a value based healthcare model, healthcare providers (including hospitals and physicians) are compensated based upon patient health outcomes.

Value Based Healthcare Roadmap To Improving Patient Outcomes A framework for implementing value based health care. improving value in health care is not an unreachable utopian ideal. around the globe, health care delivery organizations—in varied payment settings, with an array of regulatory structures and many different care traditions—have demonstrated dramatically better health outcomes for patients, usually at lower overall costs. 1,4,9,10 more. Executive summary. a decade after the passage of the affordable care act, the vision of moving the u.s. health care system “from volume to value” has been partially realized, with few value based payment initiatives systematically reducing spending or improving quality. while participation in value based payments continues to grow, the. Healthcare management centered on the patient—a premise of value based healthcare (vbhc)—has been proposed as an innovative way to reform the healthcare system (porter & teisberg, 2006). measuring outcomes and costs for each patient is part of the strategic agenda for moving to a high value healthcare delivery system ( porter & lee, 2013 ). Attention for a change toward a value driven healthcare system accelerated when porter & teisberg introduced value based healthcare (vbhc): a new strategy for how healthcare should be delivered and measured . vbhc focuses on delivering value for patients and value is defined as health outcomes achieved per dollar spent.