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Five trends towards a value-based healthcare are already having an impact in the UK
The NHS is a long way from understanding how to implement value-based healthcare, but is still more advanced than the rest of Europe, according to the Economist Intelligence Unit.
For a closer look, we surveyed around 200 NHS practitioners. And while the results show the concept of value-based healthcare is being widely discussed – with a massive 82 per cent getting ready to make changes – meaningful rollout is very much in its infancy.
Nonetheless, change is everywhere, and NHS organisations of all kinds are gearing up for the shift to value-based care.
In our survey report, Value-Based Healthcare: the ‘fix it’ strategy for the UK?, we identify the five major trends that have already begun to reshape the industry.
Changes healthcare practitioners – and patients – should expect
At operational and strategic levels, NHS practitioners have started thinking innovatively about how a value-based perspective can impact everything from the delivery of care to budget management.
For instance, where reporting might have traditionally focused on mortality and re-admission rates, new priorities are emerging.
Change is everywhere, and NHS organisations of all kinds are gearing up for the shift to value-based care
Many of our survey respondents are also taking an interest in the potential benefits offered by advanced methods such as episodes of care and activity-based recording.
And a number of providers are hoping to make budgets go further by finding unique ways to pool resources between organisations.
The common thread linking every healthcare innovation
Many of the respondents regard their IT systems as key enablers of change, but 64 per cent admit that they don’t fully understand the potential benefits of value-based care.
As a result, they need help to see how it will help them deliver truly integrated, multidisciplinary services. Insight from data analytics, served by clean, current and accurate sources of Big Data, will be a key part of the answer.