title: Value-based partnering in health care.
abstract: 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.
authors.affiliation: Crimson Group, Inc., Healthcare and Public Management Programs, Boston University School of Management, USA.
authors.forename: D W
authors.initials: DW
authors.lastname: Young
authors.forename: D C
authors.initials: DC
authors.lastname: Pinakiewicz
authors.forename: S M
authors.initials: SM
authors.lastname: McCarthy
authors.forename: D
authors.initials: D
authors.lastname: Barrett
authors.forename: J
authors.initials: J
authors.lastname: Kenagy
mesh_terms: 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