The Provider's Report

Healthcare with Purpose: Understanding Value-Based Care

Sep 24, 2024
Michael Porter, a leading figure in healthcare and value-based care, shares his insights on transforming the healthcare landscape. He defines value-based healthcare and discusses its historical roots. The conversation dives into the formula for quantifying value, illustrated through the example of hip replacements. Porter addresses the pressing challenges in healthcare today, highlighting the need for improved provider satisfaction and patient outcomes. He advocates for value-based care as a solution that aligns the interests of providers, patients, and organizations, striving for the Quadruple Aim.
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