What You Can Expect
This program covers practical approaches to outcome measurement including defining outcomes to measure and creating an outcome measurement system. You also will examine the Time-Driven Activity-Based Costing (TDABC) approach for accurately measuring costs for individual patients and the total care of their medical conditions.
You will explore 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.
Value Measurement for Health Care will involve one-and-three-quarter days of intensive Harvard Business School–style case discussions, guest case protagonists, and concept presentations on outcome and cost measurement in health care organizations, including opportunities for Q&A with Professors Porter and Kaplan. The in-depth case studies document the experience of actual provider organizations that are implementing value-based approaches for a variety of medical conditions, including the Schön Klinik (Germany), University of California, Los Angeles (UCLA), and Children's Hospital Boston (U.S.). Finally, the workshop will explore the organizational challenges of actually implementing the value-based approach in practice.