The 3 Most Common Types of Value Assessments

Most of the organizations I work with have never invested in a value assessment before, so they’re a little unsure of what is involved or what type of deliverable to expect. That can make it difficult to determine whether this type of engagement would be useful to...

Where to Start with Your Value Assessment

Thinking you need to make the economic case but aren’t sure where to start? Start here. Most of the time, innovation in healthcare delivery is driven by clinical motivations or a desire to improve outcomes or patient experience. However, eventually it becomes...

Opportunities to Capture Value

Identifying the value associated with a particular invention, process, or device can be challenging. As a concept, value can be abstract and changes depending on the perspective and the situation. However, a well-defined value proposition can verify, or even increase...

Identifying Sources of Value in Healthcare

Healthcare value can be generated in many ways, but it is oftentimes difficult to assess and estimate. Value can be generated in a variety of ways, including through quality improvement initiatives, the adoption of a new process or system, or the use of a new...

The Struggle to Assess Value in Healthcare

The Explosion of Explorations of Value-Based Care A PubMed search of the phrase “value of care” produces over 20,000 results from 2020 alone. That is more than five times the number of results from twenty years earlier, and over twice as many as just 10 years ago. The...

What happens if our ROI is negative?

I get asked this question a good amount, although sometimes it is clear it is simply out of curiosity. Notably, this question is really a corollary to the question “What’s a good ROI?” The latter involves a more general exploration of the concept of value and the...