While many advancements have been made thus far in the progression toward value-based health care, there are persistent challenges in the measurement of value. In order to deliver value-based care, health care decision makers, eg, insurers and health system administrators, need value data at their fingertips—data that are relevant to their own context and reflect their own perspective on what costs and benefits matter. With ongoing input from all stakeholders and real-life application in settings such as clinical pathway design, these tools will evolve and improve.
That excerpt is the beginning of a recent article in the Journal of Clinical Pathways co-authored with my IVI colleagues Mark Linthicum and Jennifer Bright. The title is “Open-Source Tools for Value Assessment: A Promising Approach“. Do read the whole thing.