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Around the world, healthcare providers, governments, and payers are under intense pressure to improve patient outcomes while reducing costs. We believe the solution lies in a transition to value-based healthcare (VBHC). We are collaborating with partners around the world to move healthcare in a more sustainable, collaborative direction. Together, we have created resources to further learning and examination of VBHC.
We define VBHC as an effort to develop and deploy products, services, and integrated solutions that improve patient outcomes per dollar spent in the healthcare system, measuring value in terms of long-term patient outcomes rather than short-term transactions. To help explain VBHC, we put together a series of videos. Watch and learn.
Introduction to Value-Based Healthcare
Global healthcare costs $7.8 trillion annually, and costs are rising. We need a new solution: value-based healthcare.
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Articles and videos explore the advantages and challenges of implementing VBHC around the world.
Medtronic brings together healthcare leaders, decision makers, and providers around the world to examine barriers to the implementation of VBHC locally and discuss potential solutions. Our goal is to advance the global discussion of VBHC and identify strategies to support continued progress toward a value-based model of care.
Medtronic and Harvard Business Review have hosted several forums where global healthcare leaders examine, discuss, and debate pressing issues surrounding VBHC. Read, download, and share the forum summaries.
Medtronic commissioned The Economist Intelligence Unit (EIU) to assess the progress on value-based healthcare in 25 countries around the world. The resulting Global Assessment included country snapshots, case studies, and a wealth of important information.
Medtronic and its partners are working towards the transition to value-based healthcare. In pilots around the world, we are working together to increase efficiency, expand access, and improve care. Find out details of these innovative efforts by reading case studies that outline the issue and report on the solution.