The NHS finance function will lead the way in developing a system wide understanding of value, that does not just consider cost but takes a much more rounded view of the impact of that expenditure, considering the outcomes achieved for the patient and the system.
NHS Finance, Designing our Future (December 2019)
Successful Value Based Procurement Pilot reduces hospitalisation rates at University Hospitals Leicester
Successful Value Based Procurement Pilot reduces overnight stays for parotid surgeries at Manchester NHS Foundation Trust
Successful Value Based Procurement Pilot Reduces Operating and Recovery Time At Guy’s And St Thomas’ NHS Foundation Trust.
Successful Value Based Procurement pilot reduces pressure on beds and improves patient flow at Oxford University Hospitals NHS Foundation Trust
Successful Value Based Procurement pilot releases theatre time and inpatient bed capacity at Royal Devon and Exeter NHS Foundation Trust.
Successful Value Based Procurement pilot reduces CAUTI infections at University Hospitals of North Midlands NHS Trust