Provide outstanding healthcare while keeping within budget with this comprehensive, engagingly written guide
Understanding Value-Based Healthcare is a succinct, interestingly written primer on the core issues involved in maximizing the efficacy and outcomes of medical care when cost is a factor in the decision-making process. Written by internationally recognized experts on cost- and value-based healthcare, this timely book delivers practical and clinically focused guidance on one of the most debated topics in medicine and medicine administration today.
Understanding Value-Based Healthcare is divided into three
Section 1 Introduction to Value in Healthcare lays the groundwork for understanding this complex topic. Coverage includes the current state of healthcare costs and waste in the USA, the challenges of understanding healthcare pricing, ethics of cost-conscious care, and more. Section 2 Causes of Waste covers important issues such as variation in resource utilization, the role of technology diffusion, lost opportunities to deliver value, and barriers to providing high-value care. Section 3 Solutions and Tools discusses teaching cost awareness and evidence-based medicine, the role of patients, high-value medication prescribing, screening and prevention, incentives, and implementing value-based initiatives. The authors include valuable case studies within each chapter to demonstrate how the material relates to real-world situations faced by clinicians on a daily basis.
Very lengthy and comprehensive book on value based healthcare. This movement has been around for some time but got a boost with the new healthcare legislation which is moving from a fee for service system to pay for performance. The book starts with a good intro and explains the basics such as pricing, the chargemaster, insurance, value, etc., and moves to ethics issues, waste, primary care shortages, barriers, overuse, and ends with a section on tools and solutions. The last part of the book was the most interesting section for me as it was easier to digest and provided practical examples and solutions. The info on over-testing and overuse of medications was very good. Patients need to take ownership, if possible, of their healthcare. Organizational tools such as TPS, Lean, PDSA, and others are mentioned - they've been around for some time in the quality movement.
There is a good glossary in the back of the book and lots of footnotes if you require further information on cited topics. Sadly, where the authors waded into politics, it was a big turnoff. But, this is all too common in the industry and appears to be one-sided.