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The Role of Value in Provider-Patient-Payer Relationships
Author(s) -
Keith J Benson,
Robert WeechMaldonado,
Larry Gamm
Publication year - 2003
Publication title -
hospital topics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.202
H-Index - 21
eISSN - 1939-9278
pISSN - 0018-5868
DOI - 10.1080/00185860309598024
Subject(s) - value (mathematics) , business , key (lock) , health care , quality (philosophy) , field (mathematics) , computer science , economics , computer security , mathematics , epistemology , philosophy , machine learning , economic growth , pure mathematics
Value is becoming a topic of interest to 3 key players in the healthcare field-patients, payers, and providers. This article examines various value definitions and puts forth a composite value definition incorporating cost, quality, and worth elements. A value triad is created to demonstrate how value can be a linking mechanism between patient, payers and providers. Examples are then provided to assist managers in examining the value associated with payers and patients.

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