Value-based care includes reducing costs, improving patient and population
outcomes, and increasing patient and consumer satisfaction. Value-based
care should focus on quality improvement and remain patient-centered.
Ex: when a disease can be prevented, rather than treated, value increases.
Instructions
A. Create a Powerpoint presentation, including presenter notes for each slide, to inform key
stakeholders about value-based care and present elements of an action plan.
Note: Presenter notes must be included for each slide to fully cover the level of explanation,
analysis, and discussion necessary.
1. Provide an introduction (suggested length of 3–4 slides) to value-based care by doing the
following:
a. Describe the elements of a value-based healthcare framework.
b. Explain the benefits of value-based care for patients and populations.
c. Describe the rationale for implementing value-based care in a healthcare organization.
2. Identify (suggested length 1–2 slides) a nursing role, using the “WGU Nursing Programs
Conceptual Model” web link as a guide.
a. Describe how the advanced professional nurse could facilitate the implementation of
value-based care within the role identified.
3. Summarize (suggested length of 5–6 slides) evidence relevant to the topic of value-based
healthcare from five peer-reviewed scholarly sources published within the past five years.
4. Describe (suggested length of 2–3 slides) two strategies to implement value-based
healthcare, or if the organization has already implemented it, describe two strategies that
were used.
a. Identify key stakeholders for each strategy.
b. Describe the role of each stakeholder for each strategy.
c. Identify specific methods to measure the effectiveness of each strategy.
5. Using the “Value-Based Nursing Care Readiness Assessment” completed in your CPE
(see the attached document), discuss (suggested length of 4–7 slides) the organization’s
readiness for change by doing the following:
a. Summarize each assessment area in the readiness assessment:
• defined need
• readiness for change
• leadership and management support
• time, resources, and personnel
• sustainment of the change
b. Discuss two organizational strengths.
c. Discuss two organizational opportunities for improvement.
d. Analyze your organization’s level of readiness to implement value-based care based
on its readiness score.
e. Provide the completed “Value-Based Nursing Care Readiness Assessment” from your
CPE.
• list of five strategies that nurses can use to support a culture of value-based care (VBC
• completed “Value-Based Nursing Care Organizational Readiness Assessment” with an
interpretation and recommendations for five action items that must occur prior to
implementing VBC
Value-Based Nursing Care Readiness Assessment
DEFINED NEED Yes No
Has your organization established a need to implement value-based nursing care strategies? ☐ X
READINESS FOR CHANGE
Is now the right time for implementing value-based nursing care (e.g., it will not compete with other major changes currently being made within the organization)? X ☐
Have employees been informed of the recommendations and been provided an opportunity to comment on the feasibility of the change? X ☐
Have implementation plans been developed that include an action plan, training plan, and communication and change management plans? X ☐
Does the organization have a Health Information System that has the capacity to collect, analyze and report value metrics and key performance indicators that link nursing care services to patient outcomes? X ☐
LEADERSHIP & MANAGEMENT SUPPORT
Will the organization’s executive leaders actively support and champion implementation of value-based nursing care. X ☐
Does the organization’s leadership reward teamwork behaviors and showcase successes throughout the organization? X ☐
Have the strategic recommendations the interprofessional team developed been approved by organizational leaders and managers? ☐ X
TIME, RESOURCES, PERSONNEL
Has an Impact Analysis been completed to determine the influence this change will have on human and financial resources? ☐ X
Does your organization have sufficient staff with the necessary time and resources to support active project participation? X ☐
Will your organization allow time to prepare and continue work on project deliverables? X ☐
SUSTAINMENT OF THE CHANGE
Has the organization identified value metrics that can be used to measure the effectiveness of value-based nursing care over time? ☐ X
Will the organization be willing to use continuous improvement processes to measure and assess progress and continuously improve processes? X ☐
Will strategies for minimizing potential project failure modes be developed prior to implementation? X ☐
Does the organization have a culture that supports and rewards teamwork and innovation in nursing care? X ☐
Count the number of “Yes” responses and refer to the next page to determine the organization’s level of readiness for value-based nursing care.
READINESS ASSESSMENT SCORE
Number of Yes responses you have selected is 11-15 out of 15:
This is likely a good time within your organization to participate in the Value-Based Nursing Care Project. Prior to implementation, continue to monitor whether the answers to these questions change and keep a close eye on any items to which you answered “No.”
Number of Yes responses you have selected is 6-10 out of 15:
Your organization may not be ready on several of the factors. This reduces the likelihood of the success of implementing Value-based Nursing Care at this time.
Number of Yes responses you have selected is 1-5 out of 15:
Based on your responses, significant work is likely needed to raise the readiness level of your organization. Moving forward with implementing Value-Based Nursing Care could create significant risk that it will not succeed or produce the desired results.
Implementing Value-Based Care in Healthcare Organizations: A Comprehensive Approach
Introduction
Value-based care is a healthcare delivery model that focuses on improving patient outcomes, reducing costs, and increasing patient and consumer satisfaction. This paper aims to provide a comprehensive understanding of value-based care and present an action plan for its implementation within healthcare organizations.
Elements of a Value-Based Healthcare Framework
The value-based healthcare framework involves a shift from volume to value, emphasis on preventive care, and the integration of healthcare services to provide comprehensive and coordinated care to patients. This framework aligns with the goal of delivering high-quality, cost-effective care to patients and communities.
Benefits of Value-Based Care for Patients and Populations
The benefits of value-based care include improved health outcomes, reduced healthcare costs, and enhanced patient experience. By focusing on quality improvement and remaining patient-centered, value-based care contributes to the overall well-being of patients and populations.
Rationale for Implementing Value-Based Care
Implementing value-based care in a healthcare organization is rational as it aligns with the goal of delivering high-quality, cost-effective care to patients and communities. This section will delve into the reasons why healthcare organizations should prioritize the implementation of value-based care.
Nursing Role in Facilitating Value-Based Care
The advanced professional nurse plays a crucial role in facilitating the implementation of value-based care. This role involves advocating for patient-centered care, promoting evidence-based practice, and leading interdisciplinary teams to improve patient outcomes and experiences through value-based care initiatives.
Evidence Relevant to Value-Based Healthcare
This section will summarize evidence relevant to value-based healthcare from five peer-reviewed scholarly sources published within the past five years. The evidence will highlight the impact of value-based care on patient outcomes, cost reduction, and the overall effectiveness of healthcare delivery.
Strategies for Implementing Value-Based Healthcare
Describing two strategies to implement value-based healthcare, identifying key stakeholders for each strategy, describing their roles, and outlining specific methods to measure the effectiveness of each strategy will provide a comprehensive understanding of the implementation process.
Organization’s Readiness for Change
Using the “Value-Based Nursing Care Readiness Assessment,” this section will discuss the organization’s readiness for change. It will include a summary of each assessment area, organizational strengths, opportunities for improvement, and an analysis of the organization’s level of readiness to implement value-based care.
Strategies for Supporting a Culture of Value-Based Care
This section will list five strategies that nurses can use to support a culture of value-based care and provide recommendations for five action items that must occur prior to implementing value-based care.
Conclusion
In conclusion, this paper has provided a comprehensive overview of value-based care and presented an action plan for its implementation within healthcare organizations. Through prioritizing value-based care, healthcare organizations can improve patient outcomes, reduce costs, and enhance patient and consumer satisfaction.