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SUMMARY:Valued-based Healthcare and Healthcare Supply Chains - Feryal Erhu
 n and Houyuan Jiang
DTSTART:20191101T140000Z
DTEND:20191101T150000Z
UID:TALK134092@talks.cam.ac.uk
CONTACT:J.W.Stevens
DESCRIPTION:Decades of supply chain management learnings provide an opport
 unity for complex systems\, such as healthcare\, to understand\, evaluate\
 , and improve complicated and often inefficient healthcare delivery. We pr
 ovide a primer on supply chain thinking in healthcare\, with a focus on he
 althcare delivery\, by following an approach that is customer-focused\, sy
 stems-based\, and strategically orientated\, and that simultaneously consi
 ders clinical\, operational\, and financial dimensions. Our goal is to off
 er an understanding of how concepts and strategies in supply chain managem
 ent can be applied and tailored to healthcare by considering the sector's 
 unique challenges and opportunities. We then discuss the main challenges o
 f integrating healthcare services from a supply chain perspective and prov
 ide examples of how various supply chain strategies are\, and can be\, use
 d in healthcare. In the second part of the talk\, by drawing on examples f
 rom the NHS and the USA\, we discuss the emerging paradigm-shift from fee-
 for-service to value-based healthcare. The objectives are (1) to understan
 d which outcomes matter to patients and (2) to design cost-effective ways 
 to deliver these outcomes. We will consider the opportunities and challeng
 es of implementing a value-based approach and discuss how to operationalis
 e these opportunities and overcome these challenges.
LOCATION:MR11\, Centre for Mathematical Sciences\, Wilberforce Road\, Camb
 ridge
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