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Why value, not cost, is the key to better healthcare outcomes

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In an industry often driven by cost, how can healthcare providers and insurers offer care that’s not only efficient, but gives the patient more value? That’s the goal of healthcare management consultant Stoddard Davenport, who says that by focusing on cost alone, providers miss opportunities to improve patients’ lives and health outcomes.

In his full article at The Actuary, read ideas for how the healthcare industry could lean on preventative care and public health interventions to improve results. Hear from doctors and researchers who have their own insights on the cost vs. value debate. Plus, see Davenport’s new equation for determining the value of healthcare choices.

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