The Value of Healthcare The development of value-based healthcare reimbursement systems between payers and healthcare providers is evolving from the need to provide patients with cost-effective healthcare technologies under conditions of significant uncertainty economical. The concept examined focuses on shifting the focus of the healthcare system from volume to value. Value is measured based on the results achieved based on a complete service cycle and not the volume of services rendered based on each service performed. Article Summary The article chosen for this assignment was published on December 23, 2010, in the New England Journal of Medicine (Porter, 2010 ). Author Porter (2010) examines the role of value in the healthcare system in the United States. According to Porter (2010) “Value should set the framework for improving performance in healthcare”. Porter indicates that the value of health care should be measured by the outcomes achieved and not by the volume of services rendered. According to Porter (2010), “The correct unit for measuring value should include all services or activities that jointly determine success in meeting a set of patient needs. Positive and negative effects, costs, quality, access, trade-offs National pay for value based system development has positive and negative aspects. The implementation of the system will require the participation of multiple entities. Hospitals, doctors, outpatient centers and clinics will all be responsible for collaborating in the development of an integrated communications system which will incur additional expenses on the front end. Government mandates will be needed; from implementation dates to the specific circumstances in which assistance funding may be available. Multi supplier ...... half of the document ...... g results are important actions to improve results. True reform will require both a move to restructure the care delivery system and a national system of coherence, regulation and payment. References Lee, T. H. (2010). Putting the value framework to work. New England Journal of Medicine. 363:2481-2483Porter, M.E., (2010). What is the value in healthcare? New England Journal of Medicine. 363:2477-2481Porter, M.E., (2009) A strategy for health care reform – Towards a values-based system. New England Journal of Medicine. 361:109-112Carlson, J.J., Sullivan S.D., Garrison, L.P., Neumann, P.J., Veenstra, D.L. (2010). Linking payment to health outcomes: A taxonomy and examination of performance-based reimbursement schemes among healthcare payers and manufacturers. Health Policy, 96(3), 179-190. doi: 10.1016/j.healthpol.2010.02.005