Value Based Healthcare-An Approach to Improve Services in Pakistan

Abstract

Any healthcare system in the world requires the same basic components to function: a proper governance / management system with sufficient financing, an appropriately tiered service infrastructure (primary to tertiary care), sufficient human resources (including healthcare professionals), a suitable inventory (including medication) and technology, and finally, an appropriate information and data collection system – especially vital for the medicine of today. In order to meet the health needs of the population, the principle challenge faced by the majority if healthcare systems in the world is the growing disparity between needs and resources; there is an opportunity cost incurred with every decision made about resource allocation – one method of tackling this situation is through the application of value based healthcare.