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In short, value in health care is measured by the outcomes achieved, not the volume of services delivered.
Patient values are the preferences, beliefs, goals, and expectations that patients have about their health and well-being, and they may vary depending on their culture, background, religion, lifestyle, and personal experiences.
At a basic level, value is commonly thought of as a ratio of outcomes to cost. [9] Yet, this can be interpreted variably in practice. Outcomes can be defined in terms of quality, harms or benefits. They can be limited to health outcomes or extended to the quality of life.
The Values History Form asks a number of questions about issues such as: Your attitude toward your health; Your feelings about your health care providers; Your thoughts about independence and control; Personal Relationships; Your overall attitude toward life; Your attitude toward illness/dying/death; Your religious