Cost And Quality In Healthcare
Cost and Quality Analysis
Health care cost and quality are two essential domains that carry a huge impact in the world of health care system. To understand the complex relationship between cost and quality, defining each term facilitates an understanding of how each domain functions. The Institute of Medicine (IOM) defines quality of care as “the degree to which health services for individuals and populations increase the likelihood of desired health outcomes and are consistent with current professional knowledge” (National Academies of Sciences, Engineering, and Medicine, 2018, para. 3). According to Ryan and Tompkins (2014) in a paper report commissioned by the National Quality Forum (NQF), cost of care “measures total care spending . . .
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. . by providing for effective health and human services and fostering advances in medicine, public health, and social services” (HHS, n.d., para 1). The department collaborates with other federal departments and agencies, such as the President’s Management Council and Federal Interagency Workgroup, in order to improve health services outcomes (HHS, n.d.). The HHS updates its strategic plan every four years, which addresses the current health and human services issues. The Strategic Plan, FY 2018-2022 consists of five strategic goals with respective strategic objectives to be carried out by all operating and staff divisions within HHS (HHS, n.d.). One of the strategies that addresses the cost and quality in health care is the Strategic Goal 1: Reform, Strengthen, and Modernize the Nation’s Healthcare System (HHS, n.d.). The goal encompasses four objectives with its purpose of providing affordable, high-quality, and accessible health care services; improving health care outcomes across lifespan in all health care settings; and strengthening and expanding the health care workforce in partnership with government and private sectors (HHS, …show more content…
Nurses, equipped with knowledge and skills, are positioned to contribute and lead the changes that are occurring in the health care environment. The IOM Future of Nursing report (2010) emphasizes the importance of nurses to lead the transformation and assume a leadership role in meeting the demands of the changing health care system of America into a high-quality and affordable delivery of health care. Furthermore, the movement toward evidence-based practice (EBP) creates a quality-improved health care environment in cost-effective services (Gillam & Siriwardena, 2014). Nurse leaders in their strategic position in building and investing a supportive culture for EBP facilitates optimum patient health outcomes (Melnyk, Fineout-Overholt, Gallagher-Ford, & Kaplan, 2012). The success of health care reform does not solely rely in the hands of nurses, but it is a unified contribution of health care professionals, policymakers, and public and private health sectors to work together in their full scope of practice to achieve toward a common
Alignment To CPSA Strategic Directions Paper
2427 Words | 10 Pages4. Alignment to CPSA Strategic Directions This is an ideal project for the CPSA to fund due to the number of areas of alignment with the strategic plan and far-reaching impact and potential of the work. As a proactive and innovative solution, this project can help place CPSA at the forefront of innovation in health systems reform as a regulatory body that prioritizes advancing the wellbeing of its regulated members. As detailed above, clinician wellbeing is critical to high quality care.
Restored Health Care Solutions Mission Statement
1854 Words | 8 PagesMission Statement Our mission is to provide compassionate and reliable healthcare staffing solutions that enable healthcare providers to deliver high-quality care to their patients, making a positive impact on patient care outcomes. Vision Statement We want to be the leading healthcare staffing provider, recognized for our commitment to delivering exceptional staffing solutions that meet the evolving needs of healthcare providers and patients.
Healthcare Reform 101 Summary
588 Words | 3 PagesAlthough the US is technologically advanced and has some of the highest caliber medical professionals in the world, compared to many other industrialized countries, it has one of the lowest outcomes in regards to quality of care. Moreover, it has some of the highest overall medical costs (Panning, 2014). In the US, low quality care and high costs have resulted in fragmentation of the healthcare delivery system. Fragmentation of services often results in patient experiences that are poor, with less than desired
Healthcare Cost And Utilization Project Paper
463 Words | 2 PagesThese databases allow patient inquiry on a wide variety of health policy issues. Some of these issues are cost and quality of health services, patterns, access to health care programs, and outcomes of treatments at the national, State, and local market levels (HCUP, 2014). New York State participates in the HCUP program. The New York State HCUP program is headed by Scott Franko, Director, SPARCS Operations Bureau Health Informatics Office of Quality and Patient Safety New York State Department of Health Corning Tower Room 878 Albany, NY 12237. And can be contacted by phone at, (518) 474-3189, via fax at, (518) 486-6098 or by E-mail at sjf04@health.state.ny.us.
Analyzing The Goals Of HIPAA
51 Words | 1 PagesThe goals of HIPAA are to ensure medical coverage scope for workers and their families when they change or lose their employments and to secure wellbeing information trustworthiness, classification, and accessibility. The objectives are also to enhance our health care framework by making it more proficient, less difficult, and less
Roles Of Nurse Executive And Leadership In Health Care Organizations
169 Words | 1 PagesHealth care organizations require excellent management and leadership to keep the institutions running effectively. I agree with you that the Nurse Executive (NE) contribute to senior leadership by giving nursing a voice and oversee many functions in the organization. The NE has an important role to play in health care decision making. They have the ability to advocate for implementation of evidence based practice (EBP) in improving patient care while maintaining the vision and mission of the organization. Clinical nurses faces many challenges to use the EBP and that where the NE intervenes since they have the persuasive and decisional power to make EBP utilized within the organization.
Medicare: Improving Health Care
395 Words | 2 PagesHealth care has gone through a great evolution through the years. Before 1965, individuals older than 65 years old received inadequate healthcare and more than half of this population did not have coverage (Reinhard, 2012). Due to this predicament, the need to identify issues and implement health policy was imperative to improve health care. Consequently, Medicare was introduced with the goal to mitigate the health issues during the 1960’s and to improve the healthcare availability for individuals 65 years and older. Since then, Medicare has gone through numerous changes in order to incorporate other population needs.
Affordable Care Act
786 Words | 4 PagesThe Act has effectively decreased the quality of health care as a result of its compensatory cuts to medical professionals; decreasing funding will undoubtedly destroy the quality of medical practices. Fox New’s Ali Meyer conducted a survey of medical professionals in which half agreed the Affordable Care Act has a negative impact on the medical profession, including reduced quality of
Essay On Evidence Based Practice
93 Words | 1 PagesEvidence based practice (EBP) is to demonstrate the best practice, which has been supported, with a clear rationale to back it up, while acknowledging the patient/clients best interest. In this professional outline it will be discussed why EBP is so important to start with student nurses career and continuing throughout the nursing career and the second main point will be on the impact it has on patient outcomes regardless of discipline. I believe if this mind set is instilled early in the nurses career the practice will evolve it a more proactive
Value Based Healthcare Marketing Strategy
1551 Words | 7 PagesThe changing climate as a result of the advent of value-based care continues to place significant demands on hospitals, medical providers, healthcare organizations, and physicians to take a completely new look at the marketing strategy. A coherent strategy and sustained quality are critical in today’s healthcare market to attract new patients, retain existing clients, and maintain positive and productive relationships between the patients and hospital staff. To be viable today, healthcare organizations have to utilize effective strategic planning to develop integrated marketing strategies that makes it efficient and easy for the target population to identify what they need, make informed decisions, and provide insights and new information – not just basic promotion. Also, such efforts have to be constantly evaluated to ensure highest quality that fosters better outcomes and more value for the
A Brief Summary Of The Movie Escape Fire
1016 Words | 5 PagesIn the clinical setting, the nurses’ expertise can be used to make clinical assessments and recommendations for routine care at a lower cost than a physician visit. This would increase the number of patients seen and increase the quality of the care provided. The advance practice nurse would be able to hone in on preventative measures and increase patient education. The advance practice nurse can also make recommendations about practice changes needed to facilitate better health outcomes through the use of evidence-based practice. Nursing leaders are aware of how important nursing science is to provide needed evidence to transform practice, even though, finding the time and resources to support any research activity is often challenging (Stone, 2017).
Escape Fire Analysis
1358 Words | 6 PagesIn the film Escape Fire the Fight to Rescue American Healthcare, there were many insightful examples of why our Unites States healthcare revolves around paying more and getting less. The system is designed to treat diseases rather than preventing them and promoting wellness. In our healthcare industry, there are many different contributors that provide and make up our system. These intermediaries include suppliers, manufacturers, consumers, patients, providers, policy and regulations. All these members have a key role in the functionality of the health care industry; however, each role has its positives and negatives.
Personal Narrative: My Personal Experience With Healthcare
415 Words | 2 PagesHealth policymaking in the United States (5th Ed.). Chicago, IL: Heath Administration Press. ISBN-13: 9781567933543 Joshi, M. S., Ransom, E. R., Nash, D. B., & Ransom, S. B. (2014). The Healthcare Quality Book (3rd ed.). Chicago, Illinois: Health Administration
Essay On Health Care Cost
1533 Words | 7 PagesHealth care cost has seen to increase gradually as years go by. This has been influenced by major factors such as political influence, emerging chronic diseases, new procedures that are coming up including the technologies being invented for treating illnesses, pricing of medicines and treatment is not regulated and when treating ailment their may arise repetition of tests or a patient gets over treated for a particular ailment. The cost of healthcare has increased due to chronic diseases such as cancer and diabetes etc. The lifestyle people are living in this generation has led to the development of diseases that are expensive to treat or has led to there being over treatment in such for a cure of a particular ailment.
Regulatory Compliance
617 Words | 3 PagesIt is the duty of the manager to ensure targets are set and obtained. Managers can make an impact on the policy by researching and coming up with solutions that best fit the needs of the practice or facility. On the other hand, the systems can also give health care managers direction as to what training may be necessary, as well as what changes will be essential to the growth of the practice. Having health policies helps to define a vision for the future which in turn contributes to establishing targets and points of reference for the short and medium term they also help outline management priorities and the expected roles of different groups while building consensus and informs people (WHO, 2016). Without health policies just like regulations and laws, health care would lack structure, therefore, putting patient’s safety at risk this is why it makes such a huge impact on managers.
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