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Health Care Providers Need a Value Management Office

Harvard Business Review

A “value management office” can greatly enhance an institution’s ability to improve outcomes and costs across the enterprise. It makes much more economic and operational sense to create and leverage a central cadre of professionals than to ask each clinical unit, on its own, to acquire such expertise.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

These efforts were part of the providers’ quest to increase the value of their care delivery — in other words, achieve better outcomes at the lowest-possible cost. Each Mayo Clinic value-improvement project must: gain senior leadership support, including an approved charter. Gain senior leadership support.

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