Value-based healthcare is about focusing on delivering health outcomes that truly matter to the individual and the society at large in cost-effective ways. The focus is on putting the individual at the centre of health and care.
“Today is a milestone towards making value-based health care a reality. Our hubs will play an essential role driving progress for global health.
Through a rigorous selection process developed by the Boston Consulting Group (BCG), the Global Coalition for Value in Healthcare identified the four new innovation hubs as progressive in their approach to value-based healthcare:
NHS Wales (Wales, United Kingdom): With a focus on putting value at the centre of health and care for the three million people in Wales, the Welsh Government in 2014 launched its value-based healthcare strategy called Prudent Healthcare, to create a healthier Wales. Since its implementation, it has made significant improvement in chronic and episodic diseases focusing on measuring outcomes that matter most to the people of Wales and creating a standard operating model to improving patient experiences, quality of care and outcomes.
Steno Diabetes Center Copenhagen – SDCC (Denmark): As the first specialised diabetes hospital in Denmark, SDCC has produced results that have improved the prognosis for diabetes care, developing new integrated treatment, prevention methods and education that will benefit people with diabetes in Denmark and beyond. The SDCC initiative has reported significant impact to reductions in diabetes-related complications such as a decrease in diabetes-induced blindness to almost zero and leg amputations by 80%.
These hubs form a community of practice, whose learnings, methodologies and tools will help multiple organizations scale up their health system transformation and accelerate the pace of value-based healthcare.