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But that is not improving value.
Hence improving value, not cutting costs, must be the goal.
Competition is a very powerful tool for improving value, particularly in a complex service like healthcare.
It should occur at the level of individual treatment, which would encourage not shifting costs, but improving value.
Also worth noting are the chapters that give a checklist for improving value creation and specific ideas for planning growth.
Companies should establish a discipline around improving value in three areas: new-product development, pricing, and customer segmentation.
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Simulation as a process engineering tool, integrated with mastery learning techniques, provides powerful platforms for improving value-based care.
As such, simulation has emerged as an increasingly necessary organizational tool in improving value-driven, consistent processes of care.
More generally, our simulation results provide an example for deriving mechanistically informed rationales for improving value-based decision making, as for example in populations that show impaired value-based decision making due to an increased randomness in choice behaviour as, for example, during healthy ageing41,42.
Now, the housing market is improving, values are rebounding, and interest rates are still relatively low.
If image improves, value increases and value draws investment".
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