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Value-Based Healthcare Transformation

  • James S. Powers
Chapter

Abstract

The United States spends more on healthcare than any other developed nation, yet it ranks 37th in total health outcomes. Healthcare inflation risks solvency of the Medicare Trust Fund and spending approaches 20% of the gross domestic product (GDP). Historic policy trends to control healthcare costs are detailed. The aims of value-based healthcare transformation are to (1) improve access, (2) improve quality, and (3) slow the rate of healthcare cost increase. Healthcare inflation has slowed with the advent of value-based healthcare purchasing.

Keywords

Healthcare cost Healthcare inflation Value-based healthcare 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • James S. Powers
    • 1
  1. 1.Vanderbilt University School of Medicine, Tennessee Valley Healthcare System, Geriatric Research Education and Clinical CenterNashvilleUSA

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