Friday, May 8, 2020

Shift from Volume-Based Care to Value-Based Care – Lessons from an HBS Course


Sherry H. Yu, MD
Resident in PHS Dermatology Residency Program
Deland Fellow at Brigham and Women's Hospital
PGY-4


01/21/2020

Deland Fellows at COE Conference 
The COE’s Value-Based Healthcare Delivery course provided a wonderful, well-rounded deeper dive into healthcare finance and its relationship to value. The practice of medicine has become increasing complex and physicians are realizing that we cannot focus solely on individual patient care. The expert panel of speakers introduced concepts including healthcare economics and policy, quality improvement, change management, and leadership and collaboration skills needed to operationalize culture change in large institutions.

I am incredibly grateful for the opportunity to learn from other trainees with unique experiences. There was inspiring discussion on garnering front-line clinician buy-in to value-based care and what value means to us. I am hopeful that clinical leaders and hospital executives will be better able to collaborate on strategy development, evolution and implementation to provide excellent, valuable care to our patients. I plan to further develop my interest in hospital administration and look forward to applying this framework to future enterprise-wide projects.

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