Gone are the days of the status quo in healthcare. All healthcare systems around the world struggle with rising costs and inconsistent quality. Despite the hard work of well-trained and well-meaning doctors. Health officials and policymakers have tried myriad incremental solutions—fighting fraud, reducing errors, enforcing practice guidelines, improving patients as “consumers,” implementing electronic health records—but none have had much impact.
Read more: razelnews
The key is to maximize patient benefit, we get the best outcomes at the lowest cost. We need to move from a care-centric healthcare system based on. What doctors do to a patient-centric system based on patient needs. We need to shift the focus from the volume and cost-effectiveness of services delivered. Doctor visits, hospital stays, procedures and tests – to patient outcomes. They must also replace today’s fragmented system, in which each local provider offers a full range of services. With one in which services for specific conditions concentrated in healthcare organizations and in the right places to provide valuable care.
This transformation is not a single step, but a global strategy. We call it the “value program”.“This requires a restructuring of how healthcare is organised, measured and reimbursed. In 2006, Michael Porter and Elizabeth Teisberg presented a valuable program in their book Redefining Health Care. Since then, through our research and the work of thousands of healthcare leaders and academic researchers around the world, the tools necessary to implement the program have been developed and adopted by the healthcare industry and healthcare professionals. Other organizations spread quickly.
The transformation to values-based healthcare is underway. Some organizations are still in the phase of piloting projects and initiatives in specific practice areas. Other organizations, such as the Cleveland Clinic and Schoen Clinic in Germany. Have made extensive changes affecting many elements of the values agenda. The result was a dramatic improvement in performance and efficiency, and an increase in market share.
There is no longer any doubt about how to increase the healing value. The question is which organizations will lead and how quickly others can follow? The challenge of becoming a values-based organization should not underestimated given the deep-seated interests and practices that have pursued for many decades. This transformation must come from within. Only physicians and service organizations can implement the series of interconnected steps required to improve value, since value ultimately depends on how medicine practiced. But all other players in the healthcare system also have a role to play. Patients, health insurers, employers and providers can accelerate the transformation and all will benefit greatly.
Read more: razelnews
Gone are the days of the status quo in healthcare. All healthcare systems around the world struggle with rising costs and inconsistent quality, despite the hard work of well-trained and well-meaning doctors. Health officials and policymakers have tried myriad incremental solutions—fighting fraud, reducing errors, enforcing practice guidelines, improving patients as “consumers,” implementing electronic health records—but none have had much impact.
The key to maximize patient benefit, we get the best outcomes at the lowest cost. We need to move from a care-centric healthcare system based on what doctors do to a patient-centric system based on patient needs. We need to shift the focus from the volume and cost-effectiveness of services delivered – doctor visits, hospital stays, procedures and tests – to patient outcomes. They must also replace today’s fragmented system, in which each local provider offers a full range of services, with one in which services for specific conditions concentrated in healthcare organizations and in the right places to provide valuable care.
This transformation is not a single step, but a global strategy. We call it the “value program”.“This requires a restructuring of how healthcare organised, measured and reimbursed. In 2006, Michael Porter and Elizabeth Teisberg presented a valuable program in their book Redefining Health Care. Since then, through our research and the work of thousands of healthcare leaders and academic researchers around the world, the tools necessary to implement the program have developed and adopted by the healthcare industry and healthcare professionals. Other organizations spread quickly.
The transformation to values-based healthcare is underway. Some organizations are still in the phase of piloting projects and initiatives in specific practice areas.Other organizations, such as the Cleveland Clinic and Schoen Clinic in Germany, have made extensive changes affecting many elements of the values agenda. The result was a dramatic improvement in performance and efficiency, and an increase in market share.
There is also no longer any doubt about how to increase the healing value. The question is which organizations will lead and how quickly others can follow? The challenge of becoming a values-based organization should not underestimated given the deep-seated interests and practices that have pursued for many decades. This transformation must come from within. Only physicians and service organizations can implement the series of interconnected steps required to improve value. Since value ultimately depends on how medicine practiced. But all other players in the healthcare system also have a role to play. Patients, health insurers, employers and providers can accelerate the transformation and all will also benefit greatly.