Value Based Care is driving the need to balance value with cost. Health care organizations must address the value component as part of the patient care experience. Reimbursements to physicians and healthcare organizations are the focus on delivering value care to the patient while keeping costs down for the insurance company and overhead for the organizations. Health care providers face challenges on how to connect ethics, patient safety, and decision making to quality of care for each individual patient. Insurance companies are looking at the volume of people, how many episodes of care for each condition, how many providers for each separate condition, and finding the lowest cost for highest quality of care the patient can experience. Creating, testing and implementing new policies and procedures is what the leading insurance companies are currently doing to make Value Based Care a reality in the United States Healthcare System. This paper will focus on the integration of value, cost, and customer satisfaction with patient care delivery.
Year Manuscript Completed
Senior Project Advisor
Mr. G Michael Barton
Bachelor of Integrated Studies Degree
Field of Study
Health Care Administration
Tapscott, April, "Value Based Healthcare: The Missing Formula for Quality Patient Care" (2018). Integrated Studies. 181.