Value-driven health care--pipe dream, placebo or prescription for excellence?
The Value-Driven Health Care initiative and the Executive Order (EO) that underpins it invert the cost/quality equation and proceed from the premise that improving quality first--in terms of both care and system management--will reduce costs and elevate value. Equally essential to the success of the initiative is transparency: access to information that will empower consumers to save on quality care. This article describes the four cornerstones of the EO and explains how they will translate into corporate action and value.
Pudlowski
Ed
E
Ernst & Young LLP's Health and Welfare Knowledge Network, Dallas, TX, USA.
D022126:Access to Information; D006264:Health Benefit Plans, Employee; D006801:Humans; D033181:Information Dissemination; D007256:Information Systems; D011785:Quality Assurance, Health Care / Q000191:economics; D014481:United States