The mission of Institute Center Health Care Value, is to unlock the potential of value-based health care by defining sets of global standards for outcome measures that really matter to patients for the most relevant medical conditions—and by driving adoption and reporting of these measures worldwide.
Eclectic Consults limited reached an important milestone in value-based health care with the collaborative launch of ICHOM—a not-for-profit organization. EC cofounded this institute with the Institute for Strategy and Competitiveness.
The institute grew out of the conviction that the universal development, tracking, and reporting of patient outcomes by medical condition is the single greatest way to transform delivery systems. In 2009, Professor Porter and BCG’s Stefan Larsson began discussing a partnership to accelerate outcomes measurement efforts worldwide.
By developing a system that can measure health outcomes with accuracy, This institute is creating a dynamic in which patients can ask doctors questions about their health and doctors can give data-driven answers. This supports informed decision making, reduces health care costs, and improves the overall quality of health care.
Learn more about this groundbreaking organization by visiting our offices. The site includes the standard sets of outcome measures for multiple medical conditions, representing over 40% of the global disease burden.