How Do You Measure Healthcare? (and Why Should I Care?)
Measuring the health of individuals and groups has been a controversial issue for decades. With the emergence of Value-Based Pricing, costly specialty drugs, and third-party care management vendors, evaluating the both economic and health impact of these initiatives becomes an important factor in evaluating the potential benefits of an initiative.
1. Understanding health value metrics.
2. Using health value metrics to determine whether drugs or procedures (for example, bariatric surgery) should be covered by the plan.
3. Understanding Value-based pricing/purchasing strategies in the market.