Value Based Structure In Health Care

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Introduction The shift from of health care from what was considered to be a fee- for -service structure to value- based structure, in my opinion has forced the health care profession to restructure the way it do business. Many organizations within the health care industry are now utilizing more business models to provide high quality care at the lowest price. In fact many health care organizations that have shifted their strategies toward value-based are afforded certain advantages. Those advantages include: financial stability, positive relationships with physicians, advanced information systems, and (often) affiliation with a health plan. (Kaiser & Lee, 2015). Strategic wise utilizing business model(s) in a value-based system is compelling …show more content…
The first stage of the PDSA cycle begins with PLAN. In this stage of the cycle organizations are required to ask questions that give an accurate description of the solution(s). The second stage DO is where the organization itself carries out the plan(s), intervention(s), and test(s) outlined in the first stage. It becomes very important within this stage that organizations document problems and changes to show results of implementation. The STUDY stage allows leadership to analyze its finding from data recorded in the second stage in hopes to reveal lessons learned and expectations. Finally, the last stage of PDSA, Act requires organizations to ensure procedures are in place to support the solution(s) implemented remain in …show more content…
Through the use of quality management models health care organizations will make patient care more safer, more efficient, patient-centered, timely, effective and equitable (Peter & Peter, 2015). In fact the use of several QI models have reduce the number of overall amount of defects in health care. This can be seen as emergency departments began to use Six Sigma to take a cost-model approach towards improving patient care, increase patient flow, and reduce costs. Through the use of Six Sigma EDs are able to establish a cost benefit analysis that is able to give a distribution of costs to each hour spent by

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