Value Based Medicine
70% of all medical decisions are based on the results of diagnostic testing. Blood Wellness is the key to identifying Chronic Disease.
Blood Wellness testing allows early detection, identification and preventative measures thus reducing hospitalizations; and allowing patients with a chronic disease or condition to start treatment earlier. Having a baseline of a patient’s health and proactively addressing their needs with Value Based Medicine is the future of modern healthcare.
What is Value Based Medicine – VBM?
The term “value-based” was first introduced by a team of researchers led by Dr. Brown at the Center for Value-Based Medicine at Pennsylvania State University. The team defined VBM as “the practice of medicine incorporating the highest level of evidence-based data with the patient-perceived value conferred by healthcare interventions for the resources expended” In the above sentence, three major components of VBM are highlighted. First, VBM principles are thoroughly selected based on the best research evidence available and applied as treatment options. Second, patients’ values are converted into measurable utility values to facilitate the integration. Third, the cost-utility level expected from selecting a particular treatment option is the basis for decision-making. In other words, the goal pursued by VBM is to provide cost effective, science-based healthcare that incorporates patient values.
With VBM, higher patient volume isn’t the answer. The days of seeing as many patients as possible are fleeting. There is simply no need. The traditional model of Physician/Patient interaction of “How are you feeling? Let’s take your weight, BP, pulse, temp, maybe test your blood for CBC and Cholesterol…” no longer applies.
VBM allows Physicians to see a lower volume of patients, affording them the opportunity to spend more time with patients and truly understand their individual Health and Wellness needs. With VBM, Providers can dive deeper in to a Patient’s health to provide preventative medicines, early detection, treatment options, etc.