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Understanding a Value Chain in Health Care
Alok D Sharan1, Gregory D Schroeder, Michael E West
1*Montefiore Medical Center, Albert Einstein College of Medicine, Bronx, NY †The Rothman Institute, Thomas Jefferson University, Philadelphia, PA.
Abstract:
As the US health care system transitions toward a value-based system, providers and health care organizations will have to closely scrutinize their current processes of care. To do this, a value chain analysis can be performed to ensure that only the most efficient steps are followed in patient care. Ultimately this will produce a higher quality or equal quality product for less cost by eliminating wasteful steps along the way.
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