Fighting healthcare rocketing costs with value-based medicine: the case of stroke management

Abstract

Abstract Value-Based Medicine (VBM) is imposing itself as 'a new paradigm in healthcare management and medical practice. In this perspective paper, we discuss the role of VBM in dealing with the large productivity issue of the healthcare industry and examine some of the worldwide industrial and technological trends linked with VBM introduction. To clarify the points, we discuss examples of VBM management of stroke patients. In our conclusions, we support the idea of VBM as a strategic aid to manage rising costs in healthcare, and we explore the idea that VBM, by establishing value-generating networks among different healthcare stakeholders, can serve as the long sought-after redistributive mechanism that compensate patients for the industrial exploitation of their personal medical records.

Keywords

• Value-based medicine
• Cost reduction
• Efficiency in healthcare
• Stroke