To many financial managers, the term "Value-Based" has come to mean a combination of hoth quality and cost. For purposes of healthcare finance, value-based concepts can be, and are, applied to value-based purchasing, payment adjustments, pricing strategy, and patient care. Please review the following eight value-based concepts, select four and give a brief explanation of each. 1. Progress in the private sector 2. Progress in the public sector 3. Education efforts 4. Legislative reform 5. Quality measurement concept 6. Public reporting efforts 7. Financial and digital outcomes 8. Strategic planning approaches