Valued Based Health Care

The healthcare industry is currently facing great challenges. On the one hand, its profitability model allocates 75% of costs to Human Capital, in contrast to the fact that 1% in the improvement of direct costs can amount to 14% in the improvement of the institution's profitability.
In this sense, Valued Based Health Care proposes an approach that benefits both patient care and the efficiency of resources and, eventually, the profitability and reinvestment possibilities of the health center.
The management of healthcare institutions and centers needs to be able to make decisions about what to do and what not to do, to have reinvestment policies, negotiations based on the value added to patients as well as the evaluation of costs and benefits. However, Valued Based Health Care promotes focusing on patient value as a primary factor in making these decisions.
Dr. Federico Bustos, Health Innovation Manager at The H.I.V.E., spoke to us about this at the last edition of HIMSS Latam 2021. A meeting on the healthcare industry and the digital world in which, together with other experts from Latin America, we learned more about the transformations of the healthcare ecosystem through information and technology.
We invite you to watch his presentation to learn the main key points on the subject, which is currently all the rage in healthcare institutions around the world, mainly in Latin America.
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