Health system resilience and pandemic preparedness through value-based care Recommendations to the G20 Joint Finance and Health Ministers Meeting
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Overview
How does value-based healthcare contribute to strengthening health system resilience and pandemic preparedness? The Global Innovation Hub for Improving Value in Health produced the report Health system resilience and pandemic preparedness through value-based care, providing recommendations to the Joint Finance and Health Ministers Meeting during the Italian G20 Presidency on this question.
Drawing on the work of other international expert bodies and panels, this report proposed value-based healthcare as an organizing framework for building health system resilience. Delivering better value care, reducing waste and low-value care, should facilitate redirection of healthcare funding to pandemic preparedness. Value-based payment mechanisms, when implemented at scale, should also offer greater financial agility and stability.
The report draws attention to the need to examine the drivers of population health within and beyond health systems. It argues that payment models should be organized around the population segments with different needs, and care pathways reset and redesigned for more efficient and effective delivery, utilizing new technologies where appropriate. Pandemic preparedness also has implications for workforce and capacity development. Finally, measuring health system performance within national value-based healthcare initiatives, enabling improvements in preparedness and resilience to be better quantified and evidenced. Lessons should be learned from the COVID-19 pandemic when reforming health systems to deliver high-value care.