Value Driven Healthcare
Value-Driven Healthcare assesses the patient’s entire cost and quality of life through the healthcare system. In general, the value is defined as the outcomes that matter to patients and the costs that are needed to reach them.
Bringing value to your organization by understanding your patient
Value-Based Healthcare (VBHC) assesses the patient’s entire cost and quality of life through the health care system. This approach is crucial to improving the health outcome of patients and controlling the costs of healthcare. Generally, VBHC focuses on outcomes that matter to patients and the costs that are needed to reach them. VBHC uses a clear set of defined rules to measure and realize these outcomes.
Valuable as it is, this approach can only be applied to a subset of therapies or care pathways. Therefore, we consider our way of working as Value-Driven Healthcare (VDHC), which adopts a mindset of holistic value and patient-centric thinking. Together with you and your stakeholders, we will nurture a mutual understanding of value, optimize pathways and improve the delivery of care against lower costs.
Learn more about our services below.
How far we've come
Catalyze has developed four services that support organizations in their transition to a value-driven mindset:
1. Building the right Value Stories: when developing this proposition for a therapeutic area, it is important to assess the economic, societal and clinical value of your product. Validating your propositions with KOLs and patients will allow you to build value-driven offerings that will fit in the healthcare system and are valuable to HCPs and patients.
2. Medical value training & capability management: apply a holistic value strategy to the rollout of therapies. How to listen to patients and physicians, and act on the insights based on available treatments and current pathways. This training focuses on understanding the VBHC landscape, gaining soft and virtual communication skills (particular focus due to Covid-19 pandemic), and applying holistic value into real-life conversations with KOLs.
3. Patient-centric and beyond-the-molecule solutions: differentiate your product to offer a greater service to patients and ensure a better fit to patients’ and other stakeholders’ needs. Current patient outcomes are often only focused around the physical health condition of the patient directly derived from the product. There are, however, many more outcomes you can measure that will help you improve the products you offer and optimise the service around them.
4. Care pathway optimisation & stakeholder alignment: the clinical care pathway is often highly complex with numerous stakeholders, barriers and inefficiencies. Bringing healthcare professionals and pharma together to discuss care pathways can result in optimising the care pathway and lead to situations where all stakeholders benefit.
Do you have questions about Value-Driven Healthcare?
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Nawal
+31 (0)6 15 38 16 46
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