This is the type of healthcare system we do not need, nor can we afford, but we see this already happening among larger healthcare organizations. New treatments, new drugs, new-biomedical research, new equipment, and new technologies mean, huge capital expenditures. This creates a huge financial burden to our already overburdened health care system, making the cost of care and insurance un-affordable for many Americans. As health care becomes more commodified subject to market trends, health care becomes more like other products and services we buy. We are now consumers of health care in some cases even when we are the patient, picking and choosing the plan that fits our needs.…
Waseem Alkakoz April 30, 2015 ECOL 379 Where is the US Healthcare Heading To? The health care system in the United States has been a contentious issue in the last decade. The rising costs and unsustainability in the system has resulted in much higher costs of health care, and yet the life expectancy is lower than most countries like Canada, Germany, and Japan (Wallace 2013). The US has the highest healthcare costs in the world, and it is estimated that about fourteen percent of health care administrative costs (about 91 billion) are wasted annually due to the inefficiency and redundancy in health administration practices (Mukau 2009). What are some implementations in the U.S. healthcare system that could potentially lower the cost of health insurance while delivering the highest quality healthcare at rates that people could afford?…
Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care Act? Throughout the health care system, it has used the expansion of healthcare insurance for accessing several strategies that are used to promote how the services are delivered which is through models, strategies, and payment structure build on the improvement of health care quality. By using the Affordable Care Act (ACA), it has given the Americans a reason to improve on chosen approaches that would eventually overcome the populations based on the reduction of healthcare cost. Develop a list of similarities and differences between cost benefit and cost effectiveness analysis as they pertain to specific health care service demands.…
Controlling Healthcare Costs The rapid increase in health care cost has become a major concern for the US. One of the major concerns of the Triple Aim is to increase “value for the money”. The initiative ensures a better allocation of resources by: assuring that reimbursements and resources are furnished to services that support the goals of the Triple Aim, forming partnerships with physician groups and health care organizations committed to reducing health care cost, and rewarding those who produce a better and more efficient healthcare (Institute for Health Improvement, 2015). Macro-Integrators and…
Some of the advancements that changed healthcare were anesthesia, Louis Pasteur for the germ theory, and Joseph Lister known as the father of antiseptic surgery. Anesthesia helped advance the practice of surgery. Louise Pasteur’s helped with the germ theory of disease he helped create sterilization techniques. Joseph Lister is the father of antiseptic surgery and popularized cleaning wounds. Some of the advancements that changed healthcare were anesthesia, Louis Pasteur for the germ theory, and Joseph Lister known as the father of antiseptic surgery.…
The challenges in our current healthcare model are multifaceted including the financial, research and political sectors. For example, Obama care has issued a whole new era of universal healthcare in this country but at a cost that is yet to be fully understood. While Americans are now required to have healthcare, many people still have very high premiums that leave them financially strapped for affording the rest of their necessities. Overall, this is probably an improvement over our prior healthcare model but this remains an unknown, especially with political uncertainty as an election year approaches. Federal funding for research has been cut dramatically over the last 10 years.…
The American health care system, when compared to other industrialized nations, spends more on health care per capita than any other country, yet continues to rank last in the quality of care that it delivers. The United States is the envy of the world for our biomedical advances, our effective pharmaceutical industry, and our world class research; however, America has a dysfunctional and fragmented health care system that fails to reach patients in an effective and efficient manner that decreases disease burden and prevention overall (Schimpff, 2012). Two paradoxes that are currently present within the health care system are health care spending and the decreased investment in preventable care and public health efforts. Health care costs…
All three branches of government in the United States influence healthcare decisions. Each branch is responsible for specific aspects of healthcare policies and regulations. The legislative branch determines the services or programs the government will pay for and for which members of the population. The judicial branch is responsible for interpreting laws related to healthcare. The executive, also known as the administrative branch, develops rules and regulations that further interpret the laws and oversees the implementation of various health care programs.…
Introduction One thing that is consistent in healthcare is that healthcare is forever evolving. With the concept of evolution one particular area that plays a major role in how healthcare system evolves is revenue and the other is how the healthcare facilities get payment for the services provided. When exploring healthcare services reimbursement there are checks and balances that must take place. The healthcare provider orders services such as radiology and laboratory services just to name a few of the services that can be provided to a patient. Next the facility, whether it being the hospital or doctor’s office sends a claim to the insurance company and depending upon how the healthcare facility has coded the service and the documentation…
A few years ago when I asked an audience how many people did a meditation practice on a daily basis or knew what Reiki was – very few would raise their hands. I am pleasantly surprised now when I speak before groups to see more hands rise for meditation and more people becoming aware of Reiki as well. DSC_0548 Healthcare Changes: How does the song go? You know the one by Bob Dylan that says “the times they are a changing..” There is a slow but quickening interest in ancient healing modalities.…
HEALTH CARE IN AMERICA Name: Alemayehu Damtew Course: HC 4000 Date: 04/25/2015 Americans are not assured of quality health care as they are always made to believe through the diverse policies that regulate health care. The demand for more and more diagnosis with little regard to the necessity and quality of the tests is a syndrome associated with the high cost of health care. While there are several people who have adequate resources to meet the high costs of health care through insurance, most Americans cannot meet the high cost associated with quality care. Instead of the advancements in technology, making diagnosis and treatment easy and precise, there is an insistence on carrying out several tests before treatment.…
As of 2010 the majority of private and public payers have committed themselves to having their provider payments incorporate both quality of care and efficiency. (www.ajmc.com) In the United States, according to the article written in PubMed, “a number of communities are adopting a managed care approach to caring for the low-income and uninsured individuals”. These communities have a system that is studying their health and tracking their wellness programs of those communities. This will greatly improve and create a design to help ensure access to primary and preventative care for the low-income group.…
has required businesses to be more fiscally responsible however, there are still areas that need to be addressed. The increased cost of treatments and procedures has driven third party insurers to change how they reimburse. There is still opportunity to change not only how, but for what. Dr. Jeffrey Brenner identifies two things that influence the cost of health care delivery in the U.S. in his Ted Talk, Healthcare: Reversing Cost and Quality in America’s Poorest City. Dr. Brenner suggests the lack of contact or time spent with the provider and misapplication of technology as factors that drive healthcare costs up (TED, 2013).…
Introduction The array of regulations that the healthcare industry is subject to is vast, and some would argue that this level of complexity contributes to a health system that is not only inefficient but also stifles innovation (Maliyil, 2016). However, one specific healthcare legislation, the HITECH Act has led to an eight-fold increase in the adoption of Electronic Health Record (EHR) systems by non-federal acute care hospitals since it was enacted in 2009 (The Office of the National Coordinator for Health Information Technology, 2015). This proliferation of EHR systems has, in turn, has spurred other innovative Health Information Technology (HIT) solutions many of which are consumer centric such as the ability for a patient to schedule…
Studies show that around thirty percent of the United States care is unnecessary and insurance companies are trying to make a headway against overtreatment (Why is health care so expensive). Health care economists predict that forty to fifty percent of yearly cost increases are due to new technology or an…