Virtual Program

Our 2-day virtual summit, to be held 20-21 September, features thought-provoking plenary sessions, topical presentations and discussions, educational symposia and speakers from a diverse array of backgrounds excited to share with you a wealth of ideas, experiences, and perspectives on the latest HEOR topics in Asia Pacific. 

Special Bonus: Registration includes extended access to all session playback recordings through 21 October 2022.

Note: Times shown within the program are in Korean Standard Time (KST). The Summit will be presented in English without translation.

Value or Volume: Is the Asia Pacific Region Transforming into Value-Based Health Care?

Speaker(s)

Carberry K1, Woolcock K2, Khoo D3, Min Kim S4
1Dell Medical School, The University of Texas, Austin, TX, USA, 2Australian Healthcare and Hospitals Association (AHHA), Deakin West, ACT, WA, Australia, 3Ministry of Health, Singapore, Singapore, 4Health Insurance Review & Assessment Service (HIRA), republic, South Korea

Amid the global COVID-19 outbreak, many countries are trying to provide equitable, good quality, and cost-effective healthcare services. Value-based health care (VBHC), which aims to improve healthcare services by increasing outcomes with lowered costs, bas been in the spotlight against volume-based healthcare delivery systems such as fee-for-service payment models. The Asia Pacific region is no exception in this global trend of VBHC and the concept of VBHC is rapidly spreading and various demonstrations (e.g., value-based payment, value-based pricing, or value-based procurement, etc.) are being undertaken and more discussion to adopt this value-based approach is underway. There has been divergent operation of VBHC across the Asia Pacific region such as the VBHC arrangements limited to specific technologies (e.g., pharmaceuticals, medical devices, and diagnostics) or comprehensive healthcare delivery transformation to embrace VBHC throughout the healthcare system. In addition, there are some countries that still focus on volume-based payment rather than value as their main theme in payment models.

This session will address the snapshot of VBHC operation across the Asia Pacific region and discuss about the health policy aligned with VBHC in the areas of reimbursement, pricing, and payment models, as well as opportunities and challenges to implement VBHC to help build sustainable and resilient healthcare systems.