Related Experiment Video
Updated: Aug 24, 2026

Using Visual and Narrative Methods to Achieve Fair Process in Clinical Care
Published on: February 16, 2011
The role of value in provider-patient-payer relationships
Keith J Benson1, Robert Weech-Maldonado, Larry D Gamm
1Department of Management and Marketing, College of Business Administration, Winthrop University, South Carolina, USA.
Abstract:
Value is becoming a topic of interest to 3 key players in the healthcare field-patients, payers, and providers. This article examines various value definitions and puts forth a composite value definition incorporating cost, quality, and worth elements. A value triad is created to demonstrate how value can be a linking mechanism between patient, payers and providers. Examples are then provided to assist managers in examining the value associated with payers and patients.
Related Concept Videos
Ethical Issues
Ethical Concerns in Healthcare:
Patient-centered Care
Professional Values
The values that are the foundation of the nursing profession are altruism, autonomy, human dignity, and social justice.
First, altruism refers to the concern for the welfare and well-being of others without personal...
Nurses' Legal Responsibilities II
Communication between nurses and patients...
Ethics and Bioethics
Introduction To Health Care Delivery System
The Institute of Medicine (IOM) advocates for a patient-centered, effective, safe, timely, equitable, and effective healthcare system. The National Priorities...