One of the challenges with a discussion on value-based care is thinking about where to start. Given the country’s trillion-dollar healthcare industry, cost tends to be the first issue that people gravitate to. How do you reduce costs in an industry that is so complex and huge?
In a discussion at the StartUp Health Festival this week, panelists with backgrounds in hospital administration, surgery, pediatric medicine and government shared initiatives they are undertaking to focus on value with the hope that those efforts would reduce costs in the long term.