The way Sweden considers value in a number of different aspects of healthcare makes it a global leader in value-based healthcare (VBHC). Sweden’s experience with instituting VBHC underscores a number of key lessons.

Value-based healthcare looks at health outcomes of treatment relative to cost. In a series of reports that I edited we examined the way in which value is interpreted across Europe, the extent to which European countries are adopting cost-effectiveness as a key criterion for assessing it, and the efforts to develop new pricing models.