Journal Article

Fighting healthcare rocketing costs with value-based medicine: the case of stroke management

Esposti, Federico, Banfi, Giuseppe

2020

Overview

Value-Based Medicine (VBM) is imposing itself as 'a new paradigm in healthcare management and medical practice. In this perspective paper, we discuss the role of VBM in dealing with the large productivity issue of the healthcare industry and examine some of the worldwide industrial and technological trends linked with VBM introduction. To clarify the points, we discuss examples of VBM management of stroke patients. In our conclusions, we support the idea of VBM as a strategic aid to manage rising costs in healthcare, and we explore the idea that VBM, by establishing value-generating networks among different healthcare stakeholders, can serve as the long sought-after redistributive mechanism that compensate patients for the industrial exploitation of their personal medical records.

• Publisher: BioMed Central,BioMed Central Ltd,Springer Nature B.V,BMC
• Subject: Artificial intelligence / Big Data / Care and treatment / Chronic illnesses / Control / Correspondence / Cost control / Cost Control - methods / Cost reduction / Costs / Data mining / Delivery of Health Care - economics / economics and financing systems / Efficiency / Efficiency in healthcare / Employee incentives / expenditure / Expenditures / Forecasts and trends / Health Administration / Health care costs / Health Care Costs - statistics & numerical data / Health care expenditures / Health care industry / Health Informatics / Health services / Hospitals / Humans / Innovations / Management / Medical care quality / Medical economics / Medical records / Medicine / Medicine & Public Health / Nursing Research / Patients / Production management / Productivity / Public Health / Reimbursement / Service industries / Stroke / Stroke - economics / Stroke - therapy / Stroke patients / Trends / Utilization / Value-based medicine