Opinion: Healthcare’s two languages of value

Opinion: Healthcare’s two languages of value:: theedgemalaysia.com/node/811183

Return of value (ROV) is very much like ‘return of investment’ except that it is looking at healthcare outcomes relative to cost. In considering ROV, we look at this question: given what we have spent, how positively impactful was the outcome?

When assessing ROV, factors such as cost efficiency, operational effectiveness, patient outcomes, patient satisfaction and workforce productivity are typically considered.