Opinion: Will value-based healthcare mean lower healthcare costs for patients?
Opinion: Will value-based healthcare mean lower healthcare costs for patients?
LAST week, the Association of Private Hospitals Malaysia (APHM) convened hospital operators, academics and healthcare professionals from around the world to discuss how the industry can move beyond delivering high volumes of care, as is mostly the case now, to delivering better value for patients …
In brief: Dr Kuljit argues that healthcare should be judged by the outcomes it delivers rather than by the number of tests and procedures. He points to Singapore and China, where tracking readmissions and waiting times improved care without raising bills, notes that much of what patients pay for (equipment, training, safety systems) is invisible to them, and calls on patients, hospitals and government to move together from “more care” to “right care” to keep healthcare inflation in check.
