Question.2482 - Video and Article Summary: Is the Future of US Health Care to be Found in Value-Based Healthcare? Based on the videos and articles in the resources section, prepare a 3 to 4-page memo that answers the following question: What is value-based healthcare? What issues in healthcare is it designed to solve? Why does Michael Porter think it's the solution to current healthcare problems? In the two videos provided by CMS, what is the fundamental shift involved in value-based healthcare? Again, using the videos described in question 4, has value-based healthcare been effective and achieved its objectives? Now watch the following short video by Eric Bricker and described what the business case against value-based is. https://www.youtube.com/watch?v=ewXKGd48rDg What do you think value-based is a good solution to current healthcare pricing issues?
Answer Below:
Value-based xxxxxxxxxxxxxxxxxxxxx health xxxx is x delivery xxxxx in xxxxx the xxxxxx care xxxxxxxxx like xxx physicians xxx the xxxxxxxxx are xxxxx compensation xxxxx on xxx patient x health xxxxxxxx As xxx the xxxxxxxxxxx care xxxxxxxxxx the xxxxxx care xxxxxxxxx are xxxxxxxx for xxxxxx care xx the xxxxxxxx and xxxxx bringing xx improvement xx their xxxxxx status xxx reducing xxx effect xx well xx incidences xx the xxxxxxx diseases xxx therefore xxxxxxx them xx live xxxxxxxxx lives xx an xxxxxxxxxxxxxx manner xxxxxxxxxxx health xxxx approach xx designed xx solve xxxx issues xx health xxxx Tsevat xxx Moriates xxx health xxxx issue xxxxx is xxxxxxxxxx encountered xx the xxxxxx cost xx health xxxx in xxx form xx fees xxxxxxxxx this xxxxxxxx helps xxx patients xx spending xxxx money xxx achieving xxxxxx health xxxxxxxx It xxxxxxxx on xxxxxxx the xxxxxxxx recover xxxx their xxxxxxx and xxxxxxxx faster xxx hence xxxxx visits xx the xxxxxxx is xxxxxxx or xxx conducting xxxxxxx tests xxx medical xxxxxxxxxx are xxxxxxx Another xxxxx which xx solves xx that xx improves xxx patient xxxxxxxxxxxx level xx they xxxxxxx the xxxx which xxxxx in xxxxxxxxx their xxxxxx status xxx payers xx the xxxxxxxx are xxxxx more xxxxx in xxxxxxxxxxx the xxxx of xxx health xxxx and xxxxxxx reducing xxx risk xx getting xxxx services xxx suppliers xxx also xxxxxxxxx as xxxxxxx to xxx traditional xxxxxxxx and xxxx align xxxxx prices xx per xxx patient xxxxxx outcomes xxx last xxxxx issue xxxxx it xx designed xx solve xxxxxx it xxxx the xxxxxxx become xxxxxxxxx and xxxxxx the xxxxx of xxx health xxxx providers xx charging xxx prices xxxx want xxxxxx Redondo xx al xxxxxxx Porter xxxxxxxxx that xxx value-based xxxxxx care xx meant xx restructure xxx health xxxx systems xxxxxxx et xx It xx done xx give xxxx value xx the xxxxxxxx and xx has xxxxxxxx on xxxxxx the xxxxxxxxx the xxxxx maker xxxxxxx of xxx price xxxxx According xx him xxx current xxxxxx care xxxxxxx is xxxx the xxxxxxxx fail xx getting xxx health xxxxxxx which xxxx want xxxxxxx spending xxxx of xxxxx Therefore xxxx this xxxxxxxx the xxxxxxxx receive xxxxxxx care xxx the xxxxxx being xxxx by xxxx This xxxxxxxx helps xx improving xxx experiences xx the xxxxxxxx and xxxxxx the xxxxxx care xxxxxxxxx to xxxxxx the xxxx of xxx health xxxx There xx a xxxxxxxxxxx shift xxxxxxxx in xxx value-based xxxxxx care xx promotes xxx restructuring xx the xxxxxx care xxxxxxx and xxxxxxxxx across xxx globe xx stresses xxxx on xxx goal xx giving xxxxx to xxx patients xxx fundamental xxxxx is xxxx it xxxx the xxxxxx careproviders xxxxxxxx their xxxx for xxxxxxxxx the xxxxxx outcomes xxx the xxxxxxxx and xx the xxxx time xxxxxxx the xxxxxx care xxxxx This xxxxxxxxxxx of xxx health xxxx delivery xxxxxxx is xxxxx to xxxxxx value xxx the xxx customers xxxx are xxx patients xx allows xxx organizations xx the xxxxxx care xxxxxxxx to xxxxxxxx their xxxx delivery xxxxxxx so xxxx a xxxxxxxxx of xxxx is xxxxxxxxxx This xxxxx the xxxxxxx in xxxxxxxx all xxx necessary xxxxxxx procedures xxx services xxxxxxx appropriate xxxxxx and xxxxxxxxxxxx The xxxxxxxxxxx health xxxx has xxxx effective xxx the xxxxxxxx and xxx the xxxxxxxxxxxxx This xxxxxxxx has xxxxxxx the xxxxxxxx to xxx the xxxxx for xxx prices xxxx by xxxx It xxx also xxxx by xxxxxxx their xxxxxx outcomes xx gaining xxx health xxxx from xxx providers xx has xxxxxxx the xxxxxx care xxxxxxxxxxxxx to xxxxxxxx their xxxxxx care xxxxxxxx systems xxx hence xxxxxx cost xxxx is xxxx as xxx providers xxx paid xxxx when xxx health xx the xxxxxxx is xxxxxxxx and xxxx are xxxxxxxxx with xxx services xxxx lets xxx providers xx stress xx the xxxxxxx of xxxx which xxxx are xxxxxxxxx and xxxxx they xxxx to xxxxxxx their xxxxxxxxxxx efficiencies xxx value-based xxxxxx care xxx achieved xxx objective xx giving xxxxx to xxx patients xx they xxxxxxx quality xxxx from xxx providers xx the xxxxxx paid xx them xx has xxxx helped xxx health xxxx organizations xx reorganize xxxxxxxxxx and xxxxxx or xxxxxxxxx the xxxxxxxxx which xxx unnecessary xxx were xxxxxxxx cost xxxxxx Putera xxxx has xxxxxx in xxxxxxxxx the xxxxxxx efficiencies xx the xxxxxxxxxx and xxxxx the xxxxxxx satisfaction xxxxx increases xxxx the xxxxxxxx health xxxxxxxx The xxxxxxxx case xxxxxxx the xxxxxxxxxxx health xxxx has xxxx explored xx the xxxx Bricker xx noted xxxx the xxxxxxxxxxx health xxxx is xxxxxx beneficial xxx the xxxxxxxx as xxxx are xxxxxxxxx to xxxxxx the xxxxx maker xxxxxxx of xxx price xxxxx But xxxx is xxx beneficial xxx the xxxxxx care xxxxxxxxxxxx His xxxxxxxx case xx taking xxx examples xx the xxxxxxxxx eye xxxxxxxx and xxxxxxxxx chemotherapy xxxxx has xxxxx that xxx businesses xxx into xxxxxx bypromoting xxxx health xxxx approach xx mentioned xxxx in xxx efforts xx creating xxxxx for xxx patients xxx health xxxx organizations xxxxxx from xxxxxx in xxxxxxxxxxx their xxxxxx care xxxxxxxx process xx concluded xxxx the xxxxxxxxxxx health xxxx is xxxx for xxx patients xxx it xx not xxxx for xxx companies xxxx approach xx resulting xx the xxxxx extraction xxxx the xxxxxxxxx and xxxxx this xxxxxxxx is xxx good xxx the xxxxxx care xxxxxxxxxx Bricker xxxxx Therefore xx suggested xxxx the xxxxxx care xxxxxxxxxxxxx must xxx go xxx this xxxxxxxx as xx the xxxx run xx extracts xxx value xxxx the xxxxxxxxxxxxx The xxxxx issue xxxxx the xxxxxx care xxxxxx is xxxxxx is xxxx of xxx rising xxxxxx care xxxxxx The xxxxxxxx have xx pay xxxxx sums xx money xx getting xxxx for xxxxx illness xxxx patients xx not xxx healed xxxx after xxxxxxxx huge xxxx of xxxxx Nilsson xx al xxxxxxxxx their xxxxx is xxxxxx The xxxxx setting xxxxx is xxxxx to xxx health xxxx providers xxx hence xxxx are xxxx to xxxxxxxx the xxxxxx and xxxxxx the xxxxx which xxxx want xxxx the xxxxxxxx This xxxxxxxx the xxxxxxxx in xxxxxxx the xxxx they xxxx owing xx the xxxx prices xxxxxxxxx the xxxxxxx health xxxx pricing xxxxxx can xx solved xxxx this xxxxxxxx This xxxxxxxx will xxxxx the xxxxxxxx to xxxx the xxxxxxx only xxxx they xxxxxxx the xxxxxx outcomes xxxxxxx by xxxx The xxxxxx care xxxxxxxxxxxx therefore xxx promoted xx engage xx giving xxxxxxx care xx the xxxxxxxx This xxxxx in xxxxxxxxx their xxxxxx status xxx also xxxxxxxxx their xxxxxx status xxxx it xx concluded xxxx the xxxxxxxxxxx health xxxx is x good xxxxxxxx for xxx health xxxx pricing xxxxxx across xxx globe xxxxx the xxxxxx care xxxxxxxxxxxxx must xxxxxxxxx this xxxxxxxx for xxxxxxxx their xxxxxxxx cost xxx therefore xxxxxxx benefits xxxx the xxxxxxxxx patient xxxxxxxxxxxx level xxxx will xxxx them xx attracting xxxx service xxxxx which xxxx be xxxxxxx for xxxx in xxxxxxx profits xxxx their xxxxxxxx of xxxxxx care xxxxxxxx Hence xxx health xxxx organization xxxx implement xxxx approach xxx receiving xxxxxxxx and xxx giving xxxxx to xxx patients xxxxxxxxxxxxxxxxx E xxxxx Value-Based xxxx Business xxxx AGAINST xx Available xx https xxx youtube xxx watch x ewXKGd xxxxxxxxxx K x the x Andersson x E xxx Sandoff x Value-based xxxxxxxxxx as x trigger xxx improvement xxxxxxxxxxx Leadership xx Health xxxxxxxx Nilsson x B xxx F xxxxxxxxx A x amp xxxxxxx M xxx need xx succeed xxxxxxxx experiences xxxxxxxxx from xxx implementation xx value-based xxxxxxxxxx Leadership xx Health xxxxxxxx Putera x Redefining xxxxxx implication xxx value-based xxxxxxxxxx reform xxxxxx Redondo x Ribeiro x Machado xxxxx M x amp xxx alves x R xxxxxxxx view xx patients xxxx melanoma xx the xxxx how xxx health xxxxxxx create xxxxx and xxxxxxx better xxxxxxxx outcomes xxxxxxxxxxxxxxxxxxxxx Tsevat x amp xxxxxxxx C xxxxxxxxxxx health xxxx meets xxxxxxxxxxxxxxxxxx analysis xxxxxx of xxxxxxxx medicine xMore Articles From Management
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