Core Concepts and Practical Application of Value-based Healthcare 

Gain skills and be well-prepared to navigate the challenges of transitioning to a value-based care model and contribute actively to the transformation of the healthcare landscape towards more patient-centric, cost-effective, and sustainable healthcare practices.

The Value-Based Healthcare (VBHC) course is designed to provide healthcare professionals, administrators, and policymakers with a comprehensive understanding of the core concepts and practical applications of VBHC. Dive into the fundamental principles of VBHC and explore real-world case studies and examples from local practice, focusing on the efficient delivery of high-quality care while optimizing costs. Gain valuable insights into outcome measurement, time-driven activity-based costing (TDABC), bundled payments, and other essential components of VBHC implementation. Through study of practical examples and case studies, participants will be equipped with the knowledge and tools to implement VBHC principles within their healthcare organizations successfully.

After the completion of this course, participants will be able to:

• Describe the VBHC principles and practical applications.
• Identify the key factors contributing to improved patient outcomes and cost-effectiveness, enabling them to apply similar strategies in their respective healthcare settings.
• Make informed decisions and continuously improve patient care.
• Apply Time-driven Activity-based Costing (TDABC) to identify cost drivers, allocate resources efficiently, and optimize care delivery processes.
• Describe the concept of bundled payments and its role in aligning incentives for providers to deliver value-based care.
• Describe region-specific challenges and opportunities to tailor VBHC strategies to suit the unique needs of their own healthcare organizations.
• Use practical tools, frameworks, and best practices to effectively implement VBHC principles within their healthcare organizations and overcome implementation challenges and achieve positive outcomes.
• Lead the adoption of VBHC principles, which can result in improved patient outcomes, cost efficiencies, and enhanced overall healthcare quality.

The access period once enrolled into the course is 60 days from the date of purchase. After this duration, you will need to re-enroll if you wish to re-enter the course.

Time to complete – approximately 4-6 hours

HEOR Key Competencies