Value Based Healthcare
King’s Health Partners is committed to improving the value and outcomes of the care we provide.
As the costs of healthcare rise it is increasingly important to demonstrate that healthcare funding is spent efficiently, such as by ensuring better outcomes for patients, improving patients’ experiences of our services, translating new discoveries into better care and developing an excellent workforce. We're committed to spending wisely to achieve the best value in these areas. Our approach is underpinned by comprehensive and accurate data about our patients and services.
Recording and analysing accurate information is essential to understanding the value of what we do. Our Clinical Academic Groups (CAGs) are developing measures to understand value and see where there are variations in quality of care. We are publishing an outcomes book for each CAG, so that readers can see the value of what we do and our progress in patient care, research and education. We are leading the way nationally in this routine collation and publishing of outcomes.
We know that that we will only achieve sustainable health improvement if we strive always to increase value. We are determined therefore to contribute to the sustainability, as well as the excellence of healthcare. To guide our actions in driving increased value we have developed this Value Based Healthcare Strategy.
We are committed to providing accurate and timely information about patient care and outcomes. We believe that identifying, measuring and publishing healthcare outcomes, building cohesive information systems, reducing variation and developing a culture of improvement will increase value. Our Value Based Healthcare Strategy will be a dynamic one and we will update it on a regular basis. We welcome feedback from all partners and stakeholders, including patients and carers, which could enhance our pursuit of value.
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