Broadening stakeholder benefits from value based healthcare – adding environmental sustainability to the mix
Value based approaches to healthcare align a variety of stakeholders to focus on delivering outcomes which matter to patients – measured on both an individual and broader population basis. These approaches aim to deliver these outcomes at the most affordable cost. However, affordability does not only equate to the lowest financial cost of individual inputs. Rather the measurement, optimally supported through powerful data insights, can be of holistic value seen through the combination of inputs over a period of time, and throughout a patient journey.
The ripple effect of stakeholder alignment
An attractive point about value based healthcare is that through this process of alignment, the approach not only generates value for one stakeholder (notwithstanding the focus on patient outcomes), rather, there is a positive ripple effect around healthcare systems and the stakeholders involved. Collaborative input can generate value for all these stakeholders, and the broader the thinking around what that value is, the greater that ripple effect has the potential to be.
To highlight just a few of these ripples which are commonly seen:
