The concept of ‘value’ in healthcare – maximising the outcomes which matter to people at the lowest possible cost – is increasingly seen as a key lever for supporting the delivery of high quality sustainable healthcare. The challenge is how to do this in practice – both at an organisational and system level.
It is hard to argue against the theory of value-based healthcare – it needs to become the focus for clinicians and finance alike as they look to deliver high-quality sustainable healthcare services. But how do you translate the theory of value into practice? This is what the Institute has been exploring with its partners over the past few years.
We support our partners to implement and improve patient-level costing and deliver value-based healthcare through our four key themes: confident costing, translating data, driving value and innovation.
Institute programme 2023/24
The 2023/24 event programme will continue to develop throughout the year and will conclude on 31 March 2024.
Upcoming Institute events
More about the Institute
The Institute’s programme is built around four key themes and two main frameworks.
View our latest Institute partner resources and events content.
What is patient-level costing?
Prioritise the patient, care about the cost.
This group provides an independent, cross-sector voice on costing in the NHS. The group supports trusts to improve costing, champions the benefits of high quality costing information and communicates its important role in supporting transformation and underpinning decision making in the NHS.
The council oversees the running and governance of the HFMA's Healthcare Costing for Value Institute and continues the work of the strategic costing group in discussing and championing high quality costing and value-based decision-making around the performance and delivery of services.
Institute commercial partners
Commercial partners are non-NHS organisations, who work with or provide a product or service to the NHS.
Every day, millions of patients and caregivers rely on Baxter’s leading portfolio of critical care, nutrition, renal, hospital and surgical products.
Building on the strong heritage of Prodacapo and Assista, LOGEX Healthcare Analytics is a leading provider of Financial analytics software.
Associate status is available to any arms-length body, academic entity, scientific entity, or non-profit focused organisation.
The Faculty of Medical Leadership and Management's primary objective is to raise the standard of patient care by improving medical leadership.
FEDIP is the only public register for all informatics professionals in the UK dedicated to delivering better healthcare using advanced technology.
King's Health Partners is an Academic Health Sciences Centre that aim to deliver better health for all through high impact innovation.
NHS England aim to provide leadership and support to the wider NHS.
One NHS Finance gives everyone in finance a voice to shape its future.
Picker is an international charity working across health and social care.
The Royal College of Psychiatrists the professional medical body responsible for supporting psychiatrists throughout their careers.
The Royal College of Radiologists (RCR) is a charity that works with its members to improve the standard of medical practice.