As reported in The Washington Post, the Mayo Clinic and Intermountain Healthcare have called for a “Value Index” as part of health reform:

“The House bill lacks a “value index” under which Medicare reimbursements would be issued not just according to the procedure delivered but according to the quality of the overall care provided for a given episode, which would reward higher-quality providers and, in theory, reduce costs over the long run. “The system must be reformed to compensate for value instead of volume,” the signers write.

In the words of 1970s one-hit wonder Billy Swan, I can help – check out the Hospital Value Index™ at www.hospitalvalueindex.com.

As referenced in our earlier post “Critique of the New Yorker”, the folks at Mayo and in Washington may be surprised at the results.