Wednesday, May 13, 2020

Value-Based Healthcare Delivery – A Unique Opportunity Through the Harvard Business School




Yuvaram Reddy, MBBS
Clinical and Research Fellow in Nephrology at BWH/MGH
PGY-5


01/31/2020


I attended the Value-Based Healthcare Delivery (VBHD) course at the Harvard Business School through a Centers of Expertise grant in January 2020. I’m currently a research fellow in nephrology focused on cost-effective care delivery in end-stage kidney disease and attended the course to better understand physician perception of value in our healthcare system. The course was an immersive experience in healthcare delivery with a focus on how varying healthcare organizations have innovated to adapt to changing payment systems in the face of budgetary constraints.

It was important for me to see an alternative perspective to measuring value. In the field of decision sciences and cost-effectiveness, we often consider value as dollars/quality-adjusted life years. VBHD flips the script, defining value as outcome/costs. While primarily borne out of legislative requirements, it has created an organization of researchers deeply interested in improving the measurement of outcomes and cost to understand where targeted strategies would provide value.

I highly recommend the conference to anyone interested in challenging the status quo. It provided me with a new toolkit to evaluate care delivery in the field of nephrology and to consider costs, as opposed to charges, in my future research in health care.

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