Improving the outcomes that matter to an individual for a given amount of resources (money, leadership, time, assets, and carbon) used not only by the health system but also by the individual and their family, recognising that the experience of care is a critical element.
Source: Oxford Centre for Triple Value Healthcare
Personal value, along with population value, are the two core goals for health and social care systems. Whenever someone makes a decision about their treatment options, especially if it is a fateful decision that cannot be ‘undone’, it is important that they are fully supported to be able to maximise the personal value they might gain. In the case of fateful decisions, the individual is investing their current (or future predicted) state of health and wellbeing in return for a better state of health or wellbeing. If the procedure does them more harm than good, and the decision is fateful, then personal value will have been reduced.