Harvard Business Review

Measuring Outcomes: The Key to Value-Based Healthcare

Featuring Christina Åkerman and Caleb Stowell, moderated by Gardiner Morse

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ARTICLE SUMMARY

Around the world, many agree that health care must morph from a volume-based into a value-based system. What some don’t realize is that measuring outcomes is essential to the effort. Read why. 

Measuring outcomes defines clear organizational goals, drives team alignment, and motivates clinicians to compare their results and learn from each other. It highlights value-enhancing, cost-reduction opportunities, and enables payments to shift from volume to results. These 5 principles will enable the necessary shift, as shown by organizations where measurement is making a difference.