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:

  • skilled HCP density;
  • risk of impoverishing expenditure for surgical care
  • hospital beds per 10,000 people

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:

  • trust in healthcare system, general population
  • healthcare system meets needs, general population
  • rating of healthcare system overall, HCPs
  • trust in healthcare system, HCPs
  • healthcare system meets patient needs, HCPs

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:

Go to the Value Measure Tool