Value will need to be at the heart of the new 10-year plan for the NHS and there are four themes essential to the successful implementation of value-based healthcare.
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Robust, patient-level costing data is fundamental to delivering value in the NHS but we need to ensure costing teams are properly resourced.
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There has been some major progress in recent years with NHS costing as the service moves towards using a common approach to costing at the patient level. But there is still a huge amount to be done to realise costing’s full potential.
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This week’s HFMA international symposium demonstrated that value-based healthcare is already a practical solution to current healthcare challenges.
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Back in 2015 when the HFMA Healthcare Costing for Value Institute was launched, value-based healthcare was a relatively unknown concept to many in the NHS finance community.
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Understanding the value of patient-level cost data is important for clinicians as well as finance staff, but it has to start with boards.
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Blogs
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All
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Alan Milburn
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Alex Gild
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Alfa D’Amato
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Bill Shields
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Catherine Mitchell
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Chris Ham
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Debbie Paterson
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Duncan Watson
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Edward John
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Emma Knowles
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Ian Moston
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Ian Turner
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Jason Helgerson
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Julia Heberle
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Lee Outhwaite
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Lisa Robertson
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Mark Knight
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Mark Orchard
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Matthew Cripps
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Nigel Davies
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Paul Briddock
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PwC
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Sam Riley
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Sandra Easton
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Sarah Bence
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Sarah Day
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Steve Brown
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Suzanne Robinson
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Tony Whitfield
Publications
The value of community services: comparison with acute settings
21 March 2019
Briefing
Accounting for leases – application of IFRS 16
14 March 2019
Briefing