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Value Management 101

Let’s get started with managing value and improving outcomes...

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Value is defined as the outcomes that matter most to patients, payers, and providers relative to the cost of achieving those outcomes.

Improving value requires either improving one or more outcomes without raising costs, or lowering costs without compromising outcomes, or both. Outcomes empower patients, providers, and payers and will influence the future healthcare delivery landscape in three distinct ways:

1. Patients shall choose the providers for their care based on outcome value scores
2. Providers shall be data-informed to make targeted improvements and learn
3. Payers shall measure return on investment and direct patients to high-value providers

How would you define value?

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