Value Measure
Shaping the future of health together
What does the Value Measure mean?
The Value Measure is a new indicator of the value delivered by healthcare systems of developed and developing markets. It combines factors associated with value-based healthcare and access to care, arguably the ultimate goals of modern healthcare. It consists of three parts:
Access
(i.e. how universal, and affordable, is access to healthcare in the designated market?) How we measure access? (0-100 points): Each factor represents 33,33% of the Access score:
Satisfaction
(i.e. to what extent do the general population and practitioners in the designated market see the healthcare system as trustworthy, and effective?) How we measure satisfaction? (0-100 points): Each factor represents 20% of the Satisfaction score:
Efficiency
(i.e. does the system in the given market produce outcomes at an optimum cost?) How we measure Efficiency ratio? (0-100 points): Ratio of healthcare spend as a % of GDP with key healthcare outcome metrics: tuberculosis treatment success rate; tuberculosis incidence; healthy life expectancy at birth; life expectancy at birth; probability of dying from key chronic diseases between 30 and 70; neonatal and maternal mortality rates
The Value Measure is the average of the scores from these three sub-metrics, which are all made up of various components. Compare these metrics below in the Value Measure Tool:
