Newsletter Articles | April 1, 2013
How To Define & Quantify Your Value: Advice From A Payer On Competing In A Performance-Based Environment
How To Define & Quantify Your Value: Advice From A Payer On Competing In A Performance-Based Environment
For management teams in the field, embracing performance metrics is an important step for any number of reasons – for example, it enables consumers and policymakers to compare the performance of health systems and provider organizations. However, the first real question that must be asked before any meaningful adoption of performance measures can take place is, what do the payers want? Of all the great answers I’ve learned, one important one stands out. Payers want you to define your value – the devil . . .