{"id":4016,"date":"2022-12-01T14:32:22","date_gmt":"2022-12-01T14:32:22","guid":{"rendered":"https:\/\/integratedcarejournal.com\/?p=4016"},"modified":"2023-01-26T11:01:30","modified_gmt":"2023-01-26T11:01:30","slug":"improving-heath-outcomes-value-based-care","status":"publish","type":"post","link":"https:\/\/integratedcarejournal.com\/improving-heath-outcomes-value-based-care\/","title":{"rendered":"Improving health outcomes through value-based care\u00a0"},"content":{"rendered":"

The value-based care model has gained traction across healthcare systems globally since it was first introduced by Michael Porter and Elizabeth Olmstead Teisberg in 2006.1<\/sup> It rewards healthcare providers with incentives based on the quality of care they provide to patients and has been shown to improve healthcare outcomes and cost efficiencies.<\/p>\n

Discussions focusing on the need to advance value-based care have been ongoing in the NHS for many years. Back in 2009, NHS RightCare was established and rolled out. This was a national programme from NHS England committed to reducing unwarranted variation and promoting the shift to value-based care.2<\/sup><\/p>\n

Most recently, the disruption caused by Covid-19 has accelerated the focus on costs, equity of access to care and reducing variability in healthcare outcomes. This has prompted healthcare leaders and policymakers to rethink how care is delivered to improve patient outcomes in the most cost-effective way.<\/p>\n


\n

Defining ‘value’ in health systems<\/h3>\n

The interpretation of \u2018value-based\u2019 care differs globally, mostly around how value is defined per region. According to an expert panel facilitated by the European Commission, there are four broad definitions when it comes to understanding what \u2018value\u2019 means.3<\/sup><\/p>\n