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Value-based health care (VBHC) is a framework for restructuring health care systems with the overarching goal of value for patients, with value defined as health outcomes per unit of costs. [1] The concept was introduced in 2006 by Michael Porter and Elizabeth Olmsted Teisberg , though implementation efforts on aspects of value-based care began ...
Value in Health is a medical journal that covers original research and health policy articles in the field of health economics and outcomes research. The journal is published, on the behalf of ISPOR, by Elsevier. [1]
The term "value-based insurance design" was subsequently published for the first time in peer-reviewed literature in a 2006 article in The American Journal of Managed Care. [14] V-BID has since been included in legislation (including the Affordable Care Act) and numerous public and private sector health plans.
Pay for performance systems link compensation to measures of work quality or goals. Current methods of healthcare payment may actually reward less-safe care, since some insurance companies will not pay for new practices to reduce errors, while physicians and hospitals can bill for additional services that are needed when patients are injured by mistakes. [1]
The mission of the SHCC is "to enhance the patient experience – encompassing access, convenience, affordability, and quality – by working together towards achieving smarter health care, with a focus on integrating benefit design innovations and consumer/patient engagement within broader delivery system reform in order to better align ...
The Institute for Clinical and Economic Review provides independent evaluation of the clinical effectiveness and comparative value of health care interventions, while also overseeing the New England Comparative Effectiveness Public Advisory Council (CEPAC), an independent body of physicians and patient representatives that aids patients ...
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According to the Journal Citation Reports, its 2014 impact factor is 2.600, ranking it 25 out of 86 journals in the category "Health Care Sciences & Services" [1] and 12 out of 70 journals in the category "Health Policy & Services". [2]