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Is Canada Ready to Partner for Value-Based Healthcare?
Jason Vanderheyden1, Gabriela Prada2
1National Director, Value-Based Healthcare, Medtronic Canada, Toronto, ON.
Healthcarepapers
|April 21, 2020
Summary
Achieving better healthcare value necessitates collaboration between public and private sectors. Value-based partnerships are proving effective globally in transforming healthcare systems.
Area of Science:
- Healthcare Management
- Health Economics
- Public Health Policy
Background:
- Healthcare systems globally face pressure to improve value and outcomes.
- Transitioning to value-based care requires multi-stakeholder engagement.
- The health industry plays a crucial role in this transformation.
Purpose of the Study:
- To highlight the importance of collaboration in healthcare value.
- To showcase successful value-based partnerships.
- To inform strategies for healthcare system transformation.
Main Methods:
- Review of global initiatives and case studies.
- Analysis of public-private partnerships in healthcare.
- Synthesis of evidence on value-based healthcare models.
Main Results:
- Global experience confirms the need for diverse actor collaboration.
- Value-based partnerships between public and private sectors are effective.
- Numerous initiatives demonstrate successful collaboration.
Conclusions:
- Collaboration, particularly value-based partnerships, is key to healthcare value.
- Engaging the health industry is essential for system transformation.
- Successful models exist and can be replicated globally.
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