Reporting Framework for Value Based Care
Learn how a provider's relative performance, or 'value', can be evaluated through three key components in an equation: quality, efficiency, and cost.
A1. We simply cannot afford to have health care spending grow as fast as it has. Prices are a huge issue, but wasteful use also important. We need to reduce use of low value services while increasing access to high value services. #healthwaste https://t.co/oR3wHvl4nC— Michael Chernew (@Michael_Chernew) August 2, 2018
And we need to turn Choosing Wisely recommendations into analytics to help quantify the efforts #healthwaste— Marcos Dachary (@MarcosDachary) August 2, 2018
A6 - we've been talking about unnecessary services, but large price variation is another one #healthwaste— Rich Moyer (@RichCMoyer) August 2, 2018
If our #healthwaste Twitter chat interested you, be sure to check out Milliman’s Critical Point podcast on healthcare waste to hear more from Marcos Dachary and MedInsight’s Dr. David Mirkin.
A6. Agreed. #healthwaste. Main point is if we can't control spending by lowering growth in prices and wasteful use, we will have problems that extend well beyond the healthcare system and likely dramatic changes (for better or worse). I hope we are moving in right direction. https://t.co/NZ9kgMj1e8— Michael Chernew (@Michael_Chernew) August 2, 2018
We had a great time discussing healthcare waste with the community and look forward to doing another Twitter chat on a new topic in the future!
Want more on #healthwaste from @MarcosDachary? Check out the @millimanhealth podcast Critical Point to hear him and MedInsight's Dr. David Mirkin discuss #healthcare #waste in depth: https://t.co/RBKXI5zG4m— Milliman MedInsight (@MedInsight) August 2, 2018