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Health Care Providers Need a Value Management Office

Harvard Business Review

Many health care organizations today are striving to deliver better patient outcomes at lower cost and to be rewarded for accomplishing both. Most have begun this journey with pilot projects to obtain valid measures of outcomes and cost for one or two medical conditions. Insight Center. Leading Change in Health Care.

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How Hospitals Are Using Patient-Reported Outcomes to Improve Care

Harvard Business Review

In the past year, there has been a flurry of announcements by international organizations and governments declaring their commitment to making PROs a centerpiece of quality assessment. When prompted, the system will notify a member of the psychiatry team to join Dr. Willig in the consultation room for support, counsel, and follow-up.

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How to Design a Bundled Payment Around Value

Harvard Business Review

First, although the bundle is tied to achieving measurable outcomes during the year, no business organization in any industry will wait that long for payment. The second issue was Harvard Pilgrim’s existing IT system, which had been designed to support the fee-for-service model. Selecting the Patient Population.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

In the last six years, a Harvard Business School team has worked with dozens of health care organizations to help them understand the true costs of their treatments for many medical conditions. Take our survey and download “How Not to Cut Health Care Costs” as a thank you. Select a project team.

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Measuring and Communicating Health Care Value with Charts

Harvard Business Review

Some leading proponents of health care reform have argued that the goal of any health care system should be to deliver the most value to patients : the outcomes achieved for treating a medical condition relative to the costs incurred over a complete care cycle.

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Getting Bundled Payments Right in Health Care

Harvard Business Review

Data on Outcomes and Costs. Consistent with Value Based Health Care principles , HOI and RI measure and track their outcomes and costs for every patient’s cycle of care. Both RI and HOI utilize time-driven activity-based costing (TDABC) to measure their costs across a patient’s care cycle.