The economic effect of the Nursing Shortage will have significant consequences on the aging American population referred to as the “Baby-Boomers,” born between 1946 and 1964. This block of citizens will be making demands on the health care system for quality health care. The unavailability of qualified health care personnel adequately to provide care is a solution worth exploring with economic tools. Economic theories offer the foundational business decision-making tools that guide efficiency among health care managers. The health care environment has to change practice and tactics to remain viable by using evidenced-based business practice models to remain relevant.
That’s why this decision to control inventory, stop hiring, remove continuing education classes, cap off Medicaid patients, and reduce clinic hours was made by using the best evidence available to the facility. The biggest help was IDT, which allowed for a step by step critical evaluation of this situation and information at hand. The successful evidence-informed decision making process requires a lot of leadership from staff, boards, executives and management personnel. They need to focus their attention on efficiency, access, and quality of the decision before it’s made. Here at the clinic, we have confidence in our employees and know that they have made the right decisions for the Douglas County Clinic.
Spaeth career path has given him different views on issues in healthcare and therefore giving him a broad understanding of healthcare business. One of the biggest challenges today, he states is the changing structure of health care and a declining work. The declining workforce is seeing stress on the worker as the skilled and educated employee doesn’t want to work more than eight hours or on the week-ends in a 7- days- a- week, 24- hours- a- day hospital setting. Another major issue is that hospitals are becoming more specialized where top dollar reimbursement can be achieved which leaves a gap in the traditional services. Lastly, the issues of senior leaders not spend enough time mentoring younger leaders (Grazier, 2005).
Upon receiving a controlled prescription, the pharmacist will also call other pharmacies to check a patient history and then call the patient’s insurance carrier, if one is available, to check even further. This is a very time consuming process that could be made less extensive if the Medicaid lock-in program was a requirement. The doctors would only have one pharmacy to contact and the pharmacy would only have to check their own records to make sure the patient was due for the medication. The lock-in program would allow the doctors and pharmacists to do their job more effectively and use their time more wisely for patients who need genuine
(Sultz & Young pg. 228). All of these factors have contributed to the increased costs of the health care system put on the public and has also influenced some of the barriers that have led to the access of healthcare I spoke about above. The AMA (American Medical Association) also attributes the high cost of health care from the rising toll of preventable illness & inefficiencies in the health care system. They have identified four strategies to contain health care cost, they consist of reduce the burden of preventable disease, make health care delivery more efficient, reduce nonclinical health system costs that do not contribute to patient care and promote value-based decision making at all levels.(http://www.ama-assn.org).
The Impact of Wellness Programs on Health Care Costs and Productivity Table of Contents Abstract 3 Chapter 1- Introduction 4 Chapter 2 - Literature Review 6 Chapter 3 - Methodology 10 Abstract Employer spending for healthcare costs is on the rise. This has led many organizations to incorporate wellness programs to address health and productivity issues in their workforce. With recent research indicating wellness programs to be beneficial in reducing healthcare cost, increasing productivity and employee morale; employers are becoming interested in quantifying the effects of productivity and the return of investment from wellness programs. There is ample literature supporting the impact and ROI for large companies, but small and midsized companies lack adequate research data to support wellness program implementation and results. This study will examine trends among small and midsized company wellness programs, and how program effectiveness is determined.
The spending grew at an exponential rate nationally, while in recent years the growth in corporate costs slowed to a standstill (AFSCME, 2015). This has caused a downward trend in spending and is not sustainable for the future. Costs will be required to be cut by the hospital, which will cause difficulty in providing quality healthcare to all patients. Trinity Community Hospital ensures patient care is consistently high in quality and the service excellence is high priority for patients and staff. 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.
Employers are now requiring employees to spend more out of pocket for benefits due to the rising cost of medical costs. With the ever rising cost of prescription drugs employers are taking steps to curb the costs of medicines. Some employers require
Optimum Wellness There are many factors to gaining optimal health and wellness. For starters, many people think that health and wellness is just being disease free and being in good shape, but health and wellness goes much deeper than that. You are about to learn about the top three elements, environmental, spiritual and intellectual health that needs to be focused more in our society. Find out about how to maintain a healthy and well-balanced nutrition and fitness plan, learn about what you could be at risk for, and strategies for preventing diseases such as cancer, diabetes, and cardiovascular disease. Also, learn about the environmental effects on health and how the environment has dangers around every corner that could affect us.
The concept of promoting health through preventive measures and the practice of good health habits is another way of saying: I want to maintain healthy and long life. Becoming aware of my current health status, and taking the necessary steps to maintain a balanced healthy life span determines my commitment in securing my present and future health. Many people do not focus on their health until they are sick or someone close becomes ill. It is very important for me to stay ahead when it comes to my health. One way that I promote my own wellness is adding more antioxidants to my diet such as garlic and ginger, fish and dairy products which has virus fighting properties and supports the immune system.