Value-based healthcare includes a number of frameworks and approaches that can help health systems and decision makers to measure and then assess the value of health outcomes against the cost of delivering the outcomes. The beneﬁts of this approach can include:
- Reduced costs to achieve better health
- Providers achieve eﬃciencies and greater patient satisfaction
- Suppliers align prices with patient outcomes
- Society becomes healthier while reducing overall healthcare spending
Some examples of tools to support value-based healthcare include Health Technology Assessment (HTA) criteria and agencies, Multiple Criteria Decision Analysis and Managed Entry Agreements, among others.