The meanings of 'Value' | OVSP

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Module 1 - How to improve healthcare systems by increasing value and reducing waste

Module 1 - Increasing Value and Reducing Waste

Learning objectives

Optimising value for individuals and for the population

Optimising value for individuals and for the population

How to address the four drivers of need and demand

Increasing need and demand for healthcare
Population ageing
The emergence of new diseases and the development of new conditions
The development of new effective interventions
The relentless increases in 'the volume and intensity of clinical practice'

How to understand and explain value and waste

The meanings of 'Value'
Evolution of the meaning of 'Value' in healthcare
The meaning of 'waste' and of 'stewardship', two interrelated concepts
The meaning of the term 'resource'

How to increase value and reduce waste

Four existing healthcare strategies must continue but a new paradigm is needed
Healthcare problems have proved resistant to these four strategies
The new paradigm - Value Based Healthcare
Increasing Personal Value
Increasing Allocative Value
Increasing Social Value
Optimising Technical Value through Population Healthcare

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Module 1 Quiz

Learning - Continuing Professional Development

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OVSP Essential papes for understanding value in health and healthcare
OVSP Essential Glossary

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The meanings of 'Value'

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