value‐based careThe WHO definition of health is not fit for purpose, especially in the emerging era of value-based care. Developed 70 years ago, it contributed to a very useful broadening of the lens through w
Value-based care focuses on care coordination that ensures patients are given the right care by the right provider at the right time. Thus, in a value-based healthcare model, physicians may collaborate with each other on a patient's care, rather than making decisions separately that can lead ...
Learn how BCG's value-based health care consultants help develop cutting-edge strategies to improve patient outcomes while maintaining or lowering total costs.
Learn the definition of a value proposition and how to create your own effective value proposition. Check out a few examples to get started.
The survey report suggests strategic alignment of incentives and a shared definition of value that will enable providers to feel more confident in adopting more complex models of care with varying levels of risk. Without better collaboration between payers and providers, value-based care will not suc...
The advantages of value-based care (VBC) have been widely recognized over the past decade and the principles of VBC are now readily accepted by most parties. The sticking point for VBC achieving scale is the question of “what is agreed to be valuable”. Interdependency in ...
Top talent gravitates towards companies who care about their health and work life balance, so it’s a good idea to include a wellness program in your EVP and opportunities to work remotely some of the time. Highlight wellness programs that are effective, evidence-based, and focused on the ...
With the shift to value-based care from fee-for-service payments, models are changing to not only allow but promote the use of services far outside the walls of the hospital and clinic. This is opening opportunities for geriatric nurses to direct many of these activities. Community health ...
Evidence based practice has been associated with better quality of care in many situations, but it has not been able to address increasing need and demand in healthcare globally and stagnant or decreasing healthcare resources. Implementation of value-based healthcare could address many important chall...
Buffett, the patron saint of value investors, also practiced cigar butt investing with great success in the first decades of his career, until his partner,Charlie Munger, convinced him to broaden his definition of “value”...