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View More Press Releases by Center for Health Value Innovation

Press release:

Center for Health Innovation Identifies Key Trends In Value-based Health Design

Issued by: Center for Health Value Innovation

Date: Mar. 19, 2008

ST. LOUIS, March 18, 2008  -- The Center for Health Value Information (www.vbhealth.org), the nation’s premier organization dedicated to establishing value and producing evidence for sustainable health and financial improvement, has identified five key trends in value-based health design which are impacting the construction and implementation of programs in 2008-2009. The Center has engaged multiple stakeholders in this process, including employers, health plans, pharmacy benefits management companies, brokers/consultants, physician groups, health systems, union/Taft Hartley Plans as well as cities, counties and states nationwide.

“Employers and health plans that implement value-based design begin with a focus on achieving optimal health for every individual,” says Cyndy Nayer, president of the Center for Health Value Innovation, which articulates value-based design as a health management tool using data to guide measurable investment in benefits and incentives that generate behavior change. “We are proud to include virtually every key stakeholder involved in healthcare innovations which focus on the patient.”

The following trends provide benchmarks to help guide program development and optimize return-on-investment for plan sponsors:

  • Alignment of Stakeholders: Employers, pharmacy benefits management companies, brokers/consultants, physician groups, health systems, union/Taft Hartley Plans as well as cities, counties, states nationwide – along with consumers – are increasingly committed to reducing financial and personal health risks, with a measurable return-on-investment for plan sponsors.

  • Provider Participation in Incentive-Based Designs: Physician and delivery system involvement in incentive-based designs is expanding as medical providers take a more active role in creating benefits and incentives to support better health.

  • Emergence of Value-Based Product Offerings: The accelerated pace of product offerings from health plans has brought with it adherence-based contracting innovations, which are finding favor with a growing number of employers. Product portfolios are likely to focus upon new structures for reimbursement, rebates and shared risk.

  • Taming of Technologies for Consumers’ Health: Familiar technologies will be employed in innovative ways to link together on-time data, user-controlled messaging, and social networking support to produce value-based health improvement. Applications which enable users to combine phones, Internet, e-mail, and print according to their preferences will be employed to reduce risk and improve quality – safely and efficiently.

  • Focus on Personalization: The personalization of benefits design is emerging as a way to support consumer health improvement, with person-centric programs becoming a critical component of health improvement.

“The first step is to identify populations who are veering toward high health and disability costs, including those with a number of expressed health risks, under-managed conditions and appropriate but ignored treatment plans,” advises David Hom, chairman of the board of the Center. “The goal is to educate patients on how to utilize the system effectively, including the management of chronic conditions and the implementation of preventive care, wellness programs and appropriate interventions. All of these will improve patient health.”

About The Center for Health Value Innovation

Launched in 2007, The Center for Health Value Innovation is a not-for-profit (501c3) organization representing industry stakeholders committed to sharing the evidence that value-based health designs improve health status and reduce health cost inflation. Members include large and mid-size employers, health plans, integrated delivery systems, self-funded unions, municipal and state governments, medical management firms, pharmacy benefits management companies, vendor organizations and others which benefit from analytic tools, educational programs and collaborative connections to innovators in value-based health design.

View More Press Releases by Center for Health Value Innovation


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