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dc.contributor.author
Lekka, Marinela
en
dc.date.accessioned
2024-04-25T10:13:05Z
dc.date.available
2024-04-25T10:13:05Z
dc.date.issued
2024-04-25
dc.identifier.uri
https://repository.ihu.edu.gr//xmlui/handle/11544/30380
dc.rights
Default License
dc.subject
Healthcare
en
dc.title
"Business Model Innovation in Healthcare: Leveraging the Concept of Value-Based Healthcare as a Key Strategy to Reform Contemporary Healthcare Across Europe: A Literature Review”
en
heal.type
masterThesis
en_US
heal.creatorID.email
mlekka@ihu.edu.gr
heal.dateAvailable
2024-07-01
heal.language
en
en_US
heal.access
free
en_US
heal.license
http://creativecommons.org/licenses/by-nc/4.0
en_US
heal.recordProvider
School of Economics, Business Administration & Legal Studies, MSc in Bioeconomy: Biotechnology and Law
en_US
heal.publicationDate
2023-09-01
heal.abstract
This dissertation’s purpose is to extensively examine the existing literature and analyze the potential of Value-Based Healthcare as a key strategy to reform contemporary healthcare across Europe. Value-Based Healthcare is a transformative approach to healthcare and is a concept initially introduced by Michael E. Porter and Elisabeth Teisberg almost two decades ago. This concept aims to radically reimagine the model of healthcare, by shifting the focus from volume to value. Conventional healthcare systems across the world are volume-centered, meaning that they are structured on a fee-for-service model, incentivizing the volume of services provided for profit maximization. This is a strategy that has been proven to be unsustainable over time since this model operates in a highly siloed way, where the key healthcare stakeholders are not collectively working through an integrated system for the patient’s benefit, there is a tight communication fraction, and even though the volume of healthcare services is growing exponentially, the patient health outcomes are not growing equally. Even though Value-Based Healthcare was initially introduced by Michael E. Porter and Elisabeth Teisberg back in 2006, it remains a rather new concept that has found limited applications in real-life medical practice. During the past decade, there have been diverse individual pilot efforts to highlight the benefits of Value-Based Healthcare globally, although the scalability of the concept is a highly complex initiative that encompasses diverse multi-variant parameters to make it work. Europe has been amongst the frontrunners in the implementation and adoption of Value-Based Healthcare initiatives, along with the United States, and has presented some noteworthy cases of successful implementation of Value-Based Healthcare projects in different settings. These examples can act as a paradigm for future model scaling across different health systems and settings in Europe, and beyond. This dissertation focuses on the extensive examination of the Value-Based Healthcare model as a concept according to the latest literature, its core pillars, the main implementation learnings and challenges, as well as its potential to become a gold-standard model of care across the European continent in the forthcoming future.
en
heal.advisorName
Argyropoulou, Maria
en
heal.committeeMemberName
Vidalis, Tasos
en
heal.academicPublisher
IHU
en
heal.academicPublisherID
ihu
en_US


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