Value-based health care and health economics and outcomes research share an ambition to improve health care—but take different approaches to defining and measuring value. Scott Wallace explores where HEOR’s analytical rigor can strengthen VBHC, where reductive measures can fall short, and why greater comparability matters for the future of value-based health care.

Health care carries a lot of overhead—and that can make it harder for leaders to understand costs, manage resources, and innovate. Scott Wallace explains why better cost allocation matters and how greater visibility into the true cost of care can support better management and value.