Value in the health economy exists at the intersection of quality and price, but there is no observed correlation between quality and price in healthcare services at the national level. Healthcare pricing is influenced by competition, payer dynamics, patient demographics and regulatory frameworks, among other variables. Much of Trilliant Health’s research on the value of healthcare services has focused on acute services and conditions (e.g., pneumonia, heart failure). Because healthcare value equations are dynamic, understanding value for elective or choice-based services, especially high-volume recommended procedures such as cancer screenings, is different from emergent and acute services.
Read the full article: Analyzing the Wide Range of Value for High-Volume Outpatient Preventive Procedures //
Source: https://www.trillianthealth.com/insights/the-compass/analyzing-the-wide-range-of-value-for-high-volume-outpatient-preventive-procedures