What is value-based healthcare? And no, it's not just about money

All VBHC strategies include the encapsulation of patient experiences and outcomes within the healthcare setting. — 123rf

Since the end of World War II, the global economy has grown and health expenditure has increased with it.

However, the World Health Organization’s (WHO) monitoring report for universal health coverage in 2019 reported that service coverage growth peaked in 2006 and has been decreasing since, despite increases in health expenditure.