“‘Value’ is the name of the game in medicine these days,” said Brian E. Harrington, MD, staff anesthesiologist at Billings Clinic Hospital, in Billings, Mont. “Yet I don’t think a lot of anesthesiologists have a great understanding of the concept of value and how we can impact it,” he said during the 21st Annual Jefferson Anesthesia Conference.
Value = Benefit/Cost
“Many anesthesiologists limit their perception of the value of regional anesthesia to its benefits: less pain, faster rehabilitation and better patient satisfaction,” Dr. Harrington said. “But value is actually benefit per cost.”