Dear Colleagues,
We welcome you to the 3rd Cochrane India Conclave at AIIMS Rishikesh on October 26-27, 2024. let's gather to explore the theme "Value-Based Medicine." This conference aims to enhance patient care by focusing on outcomes and cost-efficiency. We look forward to our discussions, innovative research, and collaboration to shape the future of healthcare.
Conclave 2024 Value Based Medicine

Value-based medicine (VBM) is a transformative approach in healthcare that prioritizes patient outcomes relative to the costs incurred. Unlike traditional fee-for-service models, VBM incentivizes high-quality, efficient, and patient-centered care by linking compensation to the value provided.
VBM's core principle is to maximize health outcomes at the lowest possible cost, integrating clinical expertise with the latest evidence to tailor treatments to individual patient needs. This involves comprehensive assessments of the benefits, risks, and costs of medical interventions, ensuring treatments are both effective and economically sustainable.
Key elements of VBM include robust data collection, patient-reported outcome measures (PROMs), and continuous feedback loops. These elements ensure that healthcare services align with patient priorities, such as improved quality of life and functionality, and inform future clinical practices and policies.
By focusing on value rather than volume, VBM aims to enhance patient satisfaction, care quality, and reduce unnecessary costs, creating a sustainable and equitable healthcare system. This approach is essential for addressing modern healthcare complexities and ensuring high-quality care access for all patients.
Warm regards,