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Laboratory medicine: The exemplar for value-based healthcare.
Arshoff, Larry; Hoag, Gordon; Ivany, Craig; Kinniburgh, David.
  • Arshoff L; Diagnosis, Solutions & Results Inc., Thornhill, Ontario, Canada.
  • Hoag G; Medical Biochemistry Division, 8204Vancouver Island Health Authority, Victoria, British Columbia, Canada.
  • Ivany C; 8145Provincial Health Services Authority, Vancouver, British Columbia, Canada.
  • Kinniburgh D; Alberta Centre for Toxicology, 2129University of Calgary, Calgary, Alberta, Canada.
Healthc Manage Forum ; 34(3): 175-180, 2021 May.
Article in English | MEDLINE | ID: covidwho-1097074
ABSTRACT
Value-Based Healthcare (VBHC) aims to improve the overall quality, safety, and sustainability of healthcare while reducing delivery costs of more effective care. Despite advantages associated with VBHC transformation, the road to its adoption has been lengthy. Laboratory Medicine (LM) is in a prime position to lead the transition to VBHC because of its key role in diagnosis and treatment of patients. Laboratory medicine results inform/influence 50% to 70% of all clinical decisions. This article summarizes some issues associated with adoption of VBHC and related healthcare innovations and suggests potential approaches using LM-specific examples to help accelerate adoption. Laboratory medicine is both a useful model for VBHC implementation and facilitator for related innovation adoption by helping to target patient populations that would benefit most from specific interventions. The critical value of rapidly adopted diagnostic technologies used during the COVID-19 pandemic and economic recovery provide important insights about the need to embrace and accelerate VBHC implementation.
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Full text: Available Collection: International databases Database: MEDLINE Main subject: Value-Based Purchasing / COVID-19 Testing / COVID-19 / Laboratories Type of study: Diagnostic study / Observational study / Prognostic study / Qualitative research Limits: Humans Language: English Journal: Healthc Manage Forum Journal subject: Hospitals / Health Services Year: 2021 Document Type: Article Affiliation country: 0840470421990041

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Full text: Available Collection: International databases Database: MEDLINE Main subject: Value-Based Purchasing / COVID-19 Testing / COVID-19 / Laboratories Type of study: Diagnostic study / Observational study / Prognostic study / Qualitative research Limits: Humans Language: English Journal: Healthc Manage Forum Journal subject: Hospitals / Health Services Year: 2021 Document Type: Article Affiliation country: 0840470421990041