Value-based healthcare

< Healthcare
 * Dutch: Uitkomstgerichte zorg
 * See also: ICHOM
 * Wikipedia: https://en.wikipedia.org/wiki/Value-based_health_care

Introduction
Value-based health care (VBHC) is a framework for restructuring health care systems with the overarching goal of value for patients.[1] The concept was introduced in a 2004 article and 2006 book by Michael Porter and Elizabeth Olmsted Teisberg. They described how health care had fallen into a pattern of dysfunctional competition where providers were competing on the wrong things at the wrong level. Outdated management practices and payment models made the problem progressively worse over the past 50 years despite tremendous advances in medical science. The result was that the US health care system was spending more per citizen on health care than any other nation and getting worse health outcome in important areas like newborn mortality.