The overarching goal of health care is improving value for patients, defined as the patient outcomes achieved per dollar spent. Measurement of value is central to improving value. To transform health care delivery, every organization must move toward better outcome and cost measurement over the full cycle of care for patient medical conditions. Value measurement enables care reorganization, process improvement, appropriate cost reduction that does not sacrifice outcomes, and new approaches to reimbursement such as bundled payment. This program brings together senior clinical and financial leaders from health care organizations around the world to examine new approaches to outcome and cost measurement.
HBS Executive Education also offers Implementing Cost Management in Health Care, a one-day program that provides cross-functional project teams with the tools and processes required to implement the Porter-Kaplan value-based health care delivery.
This program focuses on the role of value measurement as part of a strategic agenda to transform quality and cost in health care. Other aspects of this agenda include organizing into integrated practice units around patient medical conditions, moving to bundled prices for care cycles, and integrating care delivery across facilities. You will explore the strategic and organizational challenges in implementing a value measurement system.
Value Measurement for Health Care examines how rigorous measurement of outcomes and costs can enable systematic improvement in the care delivery process. The discussion will be grounded in actual examples in innovative organizations. Executives responsible for overseeing the value initiatives discussed will participate, and interactive classroom discussion will draw on the experience of all participants.
This offering is designed for senior clinical leaders who oversee care delivery and for top financial executives who are responsible for cost management at large established healthcare delivery organizations around the world. Others with an interest in value measurement, such as senior executives in payor organizations, government agencies, and supplier companies, also are encouraged to apply.
Programs, dates, fees, and faculty are subject to change.
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