Disentangling the value equation: a step forward in value-based healthcare
Borja García-Lorenzo, Itxaso Alayo, Arantzazu Arrospide, Ania Gorostiza, Ane Fullaondo, Susana Castelo Zas, Susana Castelo Zas, Patricia Cobos Baena, Inés Gallego Camiña, Begoña Izaguirre Narbaiza, Gaizka Mallabiabarrena, Iker Ustarroz-Aguirre, Alina Rigabert, William Balzi

TL;DR
This paper proposes a method to calculate a single value for patient-centered outcomes in value-based healthcare using breast cancer patient data.
Contribution
It is the first to combine ICHOM's patient-centered outcomes into a single numerator figure for value-based healthcare.
Findings
Pain had the highest weight among patient-reported outcomes in the composite indicator.
The composite indicator of patient-centered outcomes was more informative than health-related quality of life measures.
The calculated weights were robust to sensitivity analysis.
Abstract
The value equation of value-based healthcare (VBHC) as a single figure remains ambiguous, closer to a theoretical framework than a useful tool for decision making. The challenge lies in the way patient-centred outcomes (PCOs) might be combined to produce a single value of the numerator. This paper aims to estimate the weights of PCOs to provide a single figure in the numerator, which ultimately will allow a VBHC figure to be reached. A cohort of patients diagnosed with breast cancer (n = 690) with a 6-month follow-up recruited in 2019–20 across six European hospitals was used. Patient-reported outcomes (PROs), clinical-related outcomes (CROs), and clinical and socio-demographic variables were collected. The numerator was defined as a composite indicator of the PCOs (CI-PCO), and regression analysis was applied to estimate their weights and consequently arrive at a single figure. Pain…
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Taxonomy
TopicsHealth Systems, Economic Evaluations, Quality of Life · Healthcare cost, quality, practices · Healthcare Policy and Management
