Value-based healthcare (VBHC) is a framework for the design, delivery, funding, reporting and evaluation of health services, which aims to maximise improvements in health outcomes that matter to patients relative the cost of delivering that care.
This approach incentivises all stakeholders in the system to deliver better health outcomes, by prioritising care for demographic cohorts likely to derive a greater benefit of care, delivering individualised interventions, improving the quality of clinical care and minimising waste. It takes a systemic approach to integrate VBHC into service provision models, requiring all actors and services within the system to work together to enable better value in healthcare delivery.
This Perspectives Brief maps the experience of change from the perspective of DHSV’s organisational leaders on their journey to VBHC.
