What is Value Management?
Value Management is a new collaborative that aims to test and spread an innovative model that supports clinical, care and finance teams to apply quality improvement methods with combined cost and quality data at team level to deliver improved patient outcomes, experience and value.
The collaborative, led by Healthcare Improvement Scotland's ihub, working in partnership with NHS Education for Scotland (NES) and the Institute for Healthcare Improvement (IHI) launched in November 2019 and will run until March 2022.
The following five NHS Boards, along with NHS Highland, were successfully recruited to spread and scale a Value Management approach:
- NHS Greater Glasgow and Clyde
- NHS Forth Valley
- NHS Lanarkshire
- NHS Lothian, and
- NHS Tayside.
In March 2020 a decision was made to hibernate all collaborative activity to avoid placing additional pressure on boards at a time when they were heavily involved in preparing for and responding to Covid-19. This decision was communicated to boards on 17 March 2020.
Following a period of stakeholder engagement, a decision was reached by Healthcare Improvement Scotland’s Executive Team to resume collaborative activity in August 2020 focusing on team level quality and value improvement and capacity and capability building.