Published in:
01-02-2017 | Value-based Healthcare
Value-based Healthcare: Person-centered Measurement: Focusing on the Three C’s
Authors:
Tiffany C. Liu, BA, Kevin J. Bozic, MD, MBA, Elizabeth O. Teisberg, PhD, MEng
Published in:
Clinical Orthopaedics and Related Research®
|
Issue 2/2017
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Excerpt
The Centers for Medicare & Medicaid Services’ decision to tie 50% of traditional fee-for-service payments to quality measures through alternative payment models by the end of 2018 has accelerated the movement towards value-based payments and measurements [
1]. Though value, defined as meaningful outcomes achieved for a patient relative to the money spent on his or her care [
5], is generally measured after care, outcomes measured during care are often the most illuminating, providing a critical and full understanding of the benefits achieved—including the patient’s experience [
6]. …