With values in service excellence, quality and safety, growth and profitability, and staff achievement, it’s important to remain knowledgeable of the national trends in healthcare as it may have a larger impact in how Trinity may deliver healthcare to the orthopedic, cardiovascular, and cancer centers. Another large trend seen in healthcare is the shift from fee-for-service model to a fee-for-value based system. In the current fee-for-service system reimburses providers for healthcare, where physicians and healthcare professionals have incentives to provide more for the patient in the form of tests ordered and procedures made. The fee-for-value system works on an equation of quality over cost over time, which provides patients with safe, appropriate, and effective care with enduring results at reasonable costs. (Binder, 2014).
One theory that has gained wide acceptance in the industry is continuous quality improvement (CQI). This theory is said to come from earlier work of W. Edwards Deming and his mentor Walter A. Shewhart. Improving quality will enable a health service organization (HSO) to become more productive and cost-effective. Another benefit from this philosophy is that the HSO can gain a competitive advantage in the industry by improving quality. (Longest and Darr, 2008) CQI is an approach to quality management that focuses on the process more than the individual.
Running Head: The Same Goal in Mind The Same Goal in Mind Zakiyyah Beyah The Same Goal in Mind Abstract Higher education has been the determining factor for better patient outcomes in nursing. Life events have prevented many nurses from pursuing education advancement. With new found support this goal is becoming more attainable for all nurses to achieve. The Same Goal The Same Goal in Mind There is much debate on the correlation between baccalaureate educated nurses and better patient outcome. Some feel that higher educated nurses are vital to meeting the demands of our ever changing healthcare needs.
Yet another human factor affecting healthcare are today’s customers themselves. their reaction to a new initiative is often based information which they glean from a variety of sources which are out of the innovator’s direct control. Policy is an obvious force in healthcare innovation and can be identified as a common barrier to its growth. The risks of healthcare initiatives gone wrong understandably encourages policy makers to limit the amount of innovation that they are willing to allow for. While technology is clearly force that has driven healthcare forward, the competition that it generates
Rising Health Care and Poverty Rising Health Care and Poverty in the U.S.A Introduction Rising health care costs and poverty have been on the rise since the early, 1990’s. Medical costs have more than doubled over the last decade, and health insurance premiums have risen nearly five times faster than wages. Americans are spending far more on health care than residents of any other industrialized county while receiving lower quality care overall. Clemmitt, Marcia (2006, April 7) Rising health cost (vol.16, Issue 13). The census data for 2006 shows that 36.5 million Americans or about one in eight lived below the federal poverty like of $20,614 in income for a family of four.
With this knowledge I plan to work toward a more cost effective and delivery system with healthcare provided to the patient population. In building a stronger healthcare system it will not only be profitable, but will also provide better care to all the patient population. As a registered nurse (RN), I have learned that I need to stay flexible and be able to adjust and adapt to the constant change that comes along in my profession. Also as an RN, I look at the healthcare profession as a revolving door, which constantly spins out new concepts, methods, and approaches. I think this will help prepare me for a management position in my field because it is imperative for a manager in this profession to have the ability to adapt, adjust and welcome new ideas and concepts directed to him or her.
In fact, UnitedHealth Group made significant investments in research and development, technology and business process improvements – nearly $3 billion in the past five years. These investments led to changes that are improving the way care is delivered and administered across the entire industry (United Healthcare, 2013). United Healthcare continues to meet the demands of future generations with such creations such as Health4me app, MyHealthcare cost estimator, and UHC TV (UnitedHealth Group, 2012). Health4Me, that brings important health information to people on the go. Features include easy access to registered nurses, personal health benefits information, and the ability to locate nearby physicians and hospitals (United Healthcare,
Everyone else may have to wait quite a while before being seen. In fact, the average wait for emergency treatment nationwide is about two hours. Demand for ED visits is on the rise and EDs are becoming overcrowded largely due to reduced inpatient capacity and impaired patient flow. The Institute of Medicine reports that American ED visits grew more than twice as fast as population between 1993 and 2003, and that 60% of hospitals operated at or over capacity in 2001. Several factors likely contribute to the rise in ED use, such as the increase in elderly and chronically ill Americans, overworked or lack of primary care
This is faster than average. (“Healthcare Administration” pg. 3) Now the demand for healthcare administrators is increasing, in the year 2010 there were 303,000 jobs. In the next five years the job is to increase by 88,000. (Bureau of Labor Statistics) The job market for healthcare administration has a good future ahead of it, with its increasing demand and high salary.
According to the Alzheimer’s Association 2011 Alzheimer’s Diseases Facts and Figures, “Alzheimer’s is the sixth-leading cause of death in the country and the only cause of death among the top 10 in the United States that can not be prevented, cured or even slowed. An estimated 5.4 million people are living with the disease, and someone develops the disease every 69 seconds” (www.alz.org). The continuing rise of health care costs and the threat of public assistance being taken away are weekly, if not daily, stories present in the media. Elderly adults and their families are being faced with difficult decisions about how to determine the type of elder care needed, what types of care are available, and what type or types of elder care they can afford. In light of this, and the psychological and emotional benefits believed to be gained by allowing elderly persons to remain in their homes, many families are considering home care as a possible option for their loved ones.