Value-Based Cancer Care: How Should We Define ‘Value’? (Video)

In an attempt to address escalating costs and inconsistent quality, healthcare systems are shifting from traditional fee-for-service, volume-based reimbursement to patient-focused, value-based approaches.

Value-based models emphasize effective, appropriate care and reward providers who achieve the best treatment outcomes at the lowest cost.

Cleveland Clinic Cancer Center has embraced the value-based care approach and is scrutinizing all aspects of how cancer patients’ treatment is managed, to improve outcomes and maximize efficiency.

In this video, Taussig Cancer Institute Chairman Brian J. Bolwell, MD, FACP, discusses how to define and measure value in cancer care.

Photo Credit ©Russell Lee