Value-Based Healthcare (VBHC)

COURSE OVERVIEW:

Value in health care is the measured improvement in a person’s health outcomes for the cost of achieving that improvement. Value-based healthcare is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. Under value-based care agreements, providers are rewarded for helping patients improve their health, reduce the effects and incidence of chronic disease, and live healthier lives in an evidence-based way. Value-based care differs from a fee-for- service or capitated approach, in which providers are paid based on the amount of healthcare services they deliver. The “value” in value-based healthcare is derived from measuring health outcomes against the cost of delivering the outcomes.

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TOPICS TO BE COVERED:

1. Introduction to Value-Based Healthcare

• Understanding Value in Healthcare: Importance of health outcomes relative to costs.

• Core Concept of VBHC: Enhancing patient outcomes while managing costs.

2. Principles of Value-Based Healthcare Delivery

• Patient-Centric Care: Focus on comprehensive care over the full cycle of the medical condition.

• Integrated Practice Units (IPUs): Explanation of their roles in patient-focused care delivery.

3. Time-Driven Activity-Based Costing (TDABC)

• Introduction to TDABC: Methodology and application in healthcare for precise cost measurement.

• Implementing TDABC: Steps including defining medical conditions, mapping care processes, and calculating costs.

4. Developing Process Maps for Patient Care

• Creation of Detailed Process Maps: For each activity in the patient care delivery cycle.

• Cost Calculation in TDABC: Using time estimates for each care process.

5. Strategic Agenda for Implementing Value-Based Healthcare

• Care Re-organization: Delivery around patient medical conditions rather than specialties.

• Role of Multidisciplinary Teams and IT: Support systems in VBHC.

6. Measurement of Outcomes and Economic Models

• Techniques for Measuring Patient Outcomes: That matter to patients.

• Overview of Economic Models: Such as bundled payments and capitation to fund VBHC.

7. Challenges and Solutions in Implementing VBHC

• Identifying Barriers: Like misaligned payment models and systemic resistance.

• Solutions to Overcome Barriers: Using bundled payments and IPUs.

8. Healthcare Transformation Through VBHC

• Case Studies: On healthcare transformation initiatives aligning with VBHC principles.

• Successful Strategies and Common Pitfalls: Insights into implementation processes.

9. Innovations and Future Directions in VBHC

• Innovative Practices within IPUs: Use of advanced analytics and patient data platforms.

• Impact of Predictive Analytics: On patient care planning and outcome optimization.

10. Global Perspectives on VBHC

• Implementations Across Countries: Comparative analysis of VBHC in different health systems.

• Insights into Various Institutional Frameworks: And their adaptation to VBHC principles.

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THE COURSE IS AIMED AT:

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GUEST LECTURERS:

Various guest lecturers, experts in relevant medical specialties

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