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Building Value-Based Healthcare Business Models

Building Value-Based Healthcare Business ModelsAs healthcare systems begin to pay for outcomes rather than products, smart patient-centric services will play a key role in the race to capture value.

The pharmaceutical and medical technology industries survived the recent financial crisis relatively unscathed, but they are being transformed nonetheless as healthcare systems switch their reimbursement model from paying for products or services to rewarding clinical and health-economics outcomes. The task the industries face—demonstrating value based on a product focus—is far from simple.

For one thing, there are inherent limitations to the value a single drug can bring to the management of complex, chronic diseases, where therapeutic success is determined not only by the molecule but by a combination of drugs, physician intervention, home assistance, and lifestyle changes.

Moreover, providing better health outcomes in exchange for fewer resources means that medications and interventions must be targeted to the right patients.Most independent value-based healthcare services are in treatment and monitoring However, personalized medicine has yet to significantly permeate the operating models of the pharmaceutical and medical technology industries.

But perhaps most importantly, recent value-based price negotiations have revealed a dramatic lack of trust on both sides of the table. The pharmaceutical industry has often been accused of using its marketing machinery to churn out pills that deliver high margins no matter what value they bring to patients. And the industry perceives healthcare payers' restrictions as short-sighted penny-pinching that inhibits access to medicines and curbs innovation. In this climate, agreeing on the definition of value, let alone on the standards of evidence for value, is difficult.Barriers are preventing the significant adoption of patient-centric services And indeed, even as healthcare payers push providers to show evidence of outcome, they continue to steer their spending via strict cost control. As a result, arbitrary price pressures (including forced rebates) are exerted on products in the current portfolio, and it is increasingly difficult to get new products approved for reimbursement.

The outlook may be muddled, but one thing is clear: Players will need to radically adapt. Medical technology companies will struggle to command a price premium for new technology and will need to develop user-friendly, affordable solutions. And pharmaceutical companies, traditionally product-focused organizations, will need to readjust their processes, all the way from development through marketing, to collect and promote evidence of the value their products provide to the healthcare system.

A fragmented model: taking a closer look at distribution in the home improvement industry.(Wholesaling): An article from: Do-It-Yourself Retailing
Book (National Retail Hardware Association)

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by bryansail33

Elongated sun are not easily explainable
by the current nuke furnace theory (aka fiasco based upon measurable output of the sun )
This one is huge. If the Sun is a nuke reactor then the Corona has no business being there. It is fun and cute to equate it to man's nuke capabilities, but the sun is a whole nother matter. The Sun does not appear to be a working model of a fusion reactor as created by Man.
Dr. Aspden is quite eloquent in his certainty that the sun is not a nuke furnace,

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