Value-based healthcare: the ‘fix it’ strategy for the UK? The NHS speaks out
About this paper
With the UK’s public healthcare system facing relentless pressure from increasing patient numbers and the complexity of their cases, one strategy is in the spotlight as a practical answer: Value-based healthcare.
Its goal is to improve the quality and outcomes for patients at reduced costs. Achieving it means embracing several new ways of working, including:
- Making every decision a “decision of value”;
- Understand and embrace integrated care models that put patients at the core;
- Reimburse care providers that rewards quality and patient outcomes.
While it’s easy to see why most NHS leaders – from both the commissioning and the service provider sides – could see the benefits of value-based healthcare, just how well understood – and even implemented – is the concept?