Value-based partnering in health care.
Many companies are beginning to focus on value in their health care purchasing decisions, and some are going beyond value-based purchasing to value-based partnering. Value-based partnering recognizes the interdependencies among stakeholder groups in the health care system and creates a strategic reason for them to exchange information and create long-term strategic alliances. This article discusses the principles of value-based partnering, impediments to practicing it and its future role in the health care system.
Young
D W
DW
Crimson Group, Inc., Healthcare and Public Management Programs, Boston University School of Management, USA.
Pinakiewicz
D C
DC
McCarthy
S M
SM
Barrett
D
D
Kenagy
J
J
D003258:Consumer Behavior; D003284:Contract Services / Q000458:organization & administration*; D003299:Cooperative Behavior; D003363:Cost Control; D017598:Efficiency, Organizational; D017754:Group Purchasing / Q000592:standards*; D006264:Health Benefit Plans, Employee / Q000458:organization & administration*; D006265:Health Care Coalitions / Q000592:standards*; D006801:Humans; D007449:Investments / Q000191:economics; D017146:Models, Organizational; D014481:United States