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Radio Davos

Quality over quantity: why the time has come for 'value based health care'

Scroll down for full podcast transcript.

The concept of 'value based health care' - where patient outcomes are monitored and health care services are funded on the basis of the quality of care, rather than the quantity of procedures - has been around for a couple of decades, but has yet to become the norm.

This podcast explores the potential benefits of a shift from 'volume' to 'value', to patients and to health care providers.

Guests:

Catherine MacLean, Chief Value Medical Officer at the Hospital for Special Surgery in New York.

Meni Styliadou, Founder and Co-lead of the Health Outcomes Observatory and VP Health Data Partnerships, Data Science Institute, Takeda (featured in episode artwork).

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The cost of mental health conditions (and related consequences) is projected to rise to $6 trillion globally by 2030, from $2.5 trillion in 2010, according to a study published by the World Economic Forum and the Harvard School of Public Health. That would make the cost of poor mental health greater than that of cancer, diabetes, and respiratory ailments combined. Now, as people around the world contend with stress and social restrictions related to COVID-19, mental health has become a particular area of concern for policy-makers and health professionals.

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