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In a world characterised by an ageing population and increasing costs, improving healthcare value by delivering better health outcomes to patients at lower costs has become a critical imperative.
01 May 2019
The focus of value-based healthcare is more on quality of life. When you talk about value it is not just in financial terms, but to highlight the value for all the stakeholders – for the system and clinician but for the patient too. However, it is not only about the value and benefits created, but also the cost at which the clinicians and the management are able to deliver this benefit.
According to the report, one critical enabler of value-based healthcare is health informatics – information technology software and systems, as well as methodologies for the collection, management, use and analysis of health data. The report calls for a comprehensive agenda for accelerating the development of global health informatics standards. This agenda includes a call to action for the creation of a “digital health bill of rights” that puts patient empowerment at the centre of informatics standardisation efforts. It also defines approaches for assessing current standardisation initiatives, endorsing emerging standards, developing new use-cases and publishing guidelines for the implementation and adoption of global informatics standards.
He concluded: “In the last few years since the value-based healthcare model has been adopted, we are seeing some very interesting experiments all over the world."