Following sounds more like a warning and prophecy, the feared outcome, is perhaps a real and sad situation now, at least in some countries. "Clinicians must lead efforts to maximize high-value care. If they fail to do so, then ...... may cause governments to consider severe cost-cutting measures, rationing of services, cumbersome remuneration formulas and major limits to professional autonomy..." (Ten clinician-driven strategies for maximizing value of Australian health care) What is Value and High Value Healthcare?
Value is an economic concept, and, refers to the utility of a service, as assessed by the consumer or payer. Services that are judged to have "High" value by consumers and payers are most likely to be happily accepted by both of them. Any healthcare that increases life expectancy is generally considered high value care. Any healthcare that only improves quality of life and…
