Description
Program Duration: 3 days
Online Live Interactive Training
Course Overview:
In a time of rising costs and growing demand for better outcomes, healthcare systems worldwide are shifting from volume to value. This immersive 3-day course equips healthcare professionals with the knowledge, tools, and strategies to lead this transformation.
Through expert-led discussions, global case studies, hands-on exercises, and real-world frameworks, participants will explore how to design, implement, and evaluate value-based healthcare (VBHC) models in their own organizations. From understanding patient-centered outcomes and bundled payments to mastering outcome measurement, cost analysis, and sustainability planning—this course blends strategy with action.
Whether you’re a clinician, policymaker, quality leader, or health system executive, this course will help you drive measurable improvement in outcomes, efficiency, and patient experience.
Objectives:
1. Understand the Core Principles of Value-Based Healthcare: Gain a solid foundation in VBHC concepts and the shift from volume to value.
2. Design Patient-Centered Outcome Measures: Learn to define and integrate PROMs and PREMs into clinical and quality improvement initiatives.
3. Implement Risk Stratification and Population Segmentation Tools: Identify high-risk patients to target interventions more effectively and efficiently.
4. Measure Costs Accurately Using Time-Driven Activity-Based Costing (TDABC): Understand how to trace true costs across the full cycle of care.
5. Evaluate and Compare Payment Models That Support VBHC: Analyze bundled payments, shared savings, and other reimbursement strategies.
6. Redesign Care Pathways for Higher Value and Better Outcomes: Learn to streamline services and reduce variation through integrated care delivery.
7. Build and Interpret Dashboards and KPIs for Monitoring Value: Learn to track progress using meaningful metrics and reporting tools.
8. Explore International Best Practices and Case Studies: Discover how leading health systems worldwide have successfully implemented VBHC.
Content Outline
Module 1 : Foundations & Strategic Imperatives
Theme: Understanding the Why and What of Value-Based Healthcare.
- Introduction to VBHC
- The crisis of rising costs and inconsistent outcomes
- Definition of value in healthcare: Value = Outcomes / Cost
- Evolution from volume to value
- Core principles of VBHC
- The Six Elements of VBHC (Porter & Teisberg Framework)
- Integrated Practice Units (IPUs)
- Measuring outcomes and costs for every patient
- Bundled payments
- Integrated care delivery systems
- Geographic expansion
- Enabling IT platforms
- Global Case Studies & Models
- Examples from the Netherlands, Sweden, U.S.
- Lessons learned from successful VBHC implementations
- Value from the Patient’s Perspective
- Patient-reported outcome measures (PROMs) & experience (PREMs)
- Shared decision-making
- Health equity and social determinants
Module 2: Measurement, Payment Models & Care Redesign
Theme: Designing Systems and Incentives That Drive Value
- Measuring Outcomes and Costs
- What to measure: clinical, functional, satisfaction
- Hierarchy of outcome measures
- Cost measurement using time-driven activity-based costing (TDABC)
- Payment Models Supporting VBHC
- Fee-for-service vs bundled payments vs capitation
- Accountable Care Organizations (ACOs)
- Pay-for-performance and incentives
- Redesigning Care Delivery
- Chronic disease management in a VBHC model
- Coordinated care and care pathways
- The role of digital health and telemedicine
- Data, Technology & Infrastructure
- IT enablers: EHRs, registries, analytics
- Risk stratification tools
- Integrating PROMs into systems
Module 3: Implementation, Change Management & Evaluation
Theme: Putting VBHC into Practice
- Implementing VBHC – Strategy and Roadmap
- Change management and leadership in VBHC transformation
- Stakeholder engagement (physicians, patients, payers)
- Governance and accountability
- Organizational and Cultural Transformation
- Building a culture of value
- Training and incentivizing the workforce
- Aligning mission and vision
- Evaluating Value-Based Initiatives
- Key performance indicators (KPIs)
- Dashboards and reporting
- ROI analysis and sustainability planning
- Wrap-up, Q&A
Course Package:
- Handout Material that includes:
- Detailed slides and summaries of all sessions
- Case studies and examples from global VBHC implementations
- Worksheets and planning templates
- Certificate of Completion
- Signed by course faculty and the Wave Consultancy institution that validates participation
Who should attend
- Physicians and clinical leaders.
- Quality and performance improvement professionals.
- Hospital and health system administrators.
- Payers, policymakers, and public health officials.
