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Value from the Patients' and Payers' Perspectives.

Joshua H Atkins1, Lee A Fleisher2

  • 1Department of Anesthesiology and Critical Care, Perelman School of Medicine of the University of Pennsylvania, Philadelphia, PA 19104, USA.

Anesthesiology Clinics
|November 28, 2015
PubMed
Summary
This summary is machine-generated.

Healthcare costs are rising, emphasizing the need to focus on value, defined as quality relative to cost. Considering different perspectives, like patients and employers, is crucial for accurate value assessment in medical care.

Keywords:
CostPatientPatient-reported outcome measuresPerioperativePerspectiveQualityValue

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Area of Science:

  • Health economics
  • Medical value assessment
  • Patient-centered care

Background:

  • Rising healthcare expenditures necessitate a shift towards value-based care models.
  • Value in healthcare is increasingly defined as the ratio of quality outcomes to costs.
  • Multiple perspectives (e.g., patient, employer, insurer) influence the perception of healthcare value.

Purpose of the Study:

  • To explore the concept of value in healthcare delivery.
  • To highlight the importance of considering diverse perspectives in value calculation.
  • To illustrate how specific medical professionals can uniquely contribute to healthcare value.

Main Methods:

  • Literature review on healthcare value and cost-effectiveness.
  • Analysis of different stakeholder perspectives in healthcare economics.
  • Case study example in sleep apnea diagnosis and management.

Main Results:

  • Healthcare value is a complex metric influenced by quality and cost.
  • Patient and employer perspectives offer distinct insights into cost considerations, including lost work.
  • Anesthesiologists can play a unique role in the diagnostic team for conditions like sleep apnea, enhancing value.

Conclusions:

  • A multi-perspective approach is essential for comprehensive healthcare value assessment.
  • Integrating diverse professional roles, such as anesthesiologists in diagnosis, can optimize healthcare value.
  • Focusing on value is critical for managing escalating healthcare costs globally.