Value-based healthcare (VBHC) is an essential step change in how we deliver healthcare. It has been described as achieving outcomes that matter to patients relative to the costs of achieving those outcomes.
Implementing VBHC is a long-term commitment that has major change management implications. It takes engagement, planning, succession planning over a long-time course and resources. It is important to be flexible to the needs of the users. Perhaps the most challenging part of implementation is developing and adapting IT systems to allow the collection, storage, analysis, and dissemination of data, to ensure this model of care becomes part of our normal clinical pathways.
