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Provisions Patient Protection and Affordable Care Act
The 2010 Affordable Care Act
The 2010 Affordable Care Act
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Healthcare reform of 2010 changed the way health systems regard success. The Patient Protection and Affordable Care Act forced providers and insurance companies to increase access for various forms of treatment to all Americans. It reemphasized accountability in a country that spends 18 percent of its gross domestic product on health expenditures, yet ranks near the bottom of developed countries in numerous health categories (Coyne et al, 2014). This recent policy strains resources and funding to a tipping point. Therefore, the nation’s health systems must create innovative and adaptive techniques to handle the stress on their journey to achieve the Triple Aim goal. In 2007, the Institute for Healthcare Improvement developed the Triple …show more content…
The current market behaviors and gross, resource wastefulness is to blame for a majority of inefficiencies. In addition, each goal of the TA method may affect another adversely if consideration of the big picture is lacking. McCarthy and Klein (2010) illustrate “without balanced attention to these three overarching aims, health care organizations may increase quality at the expense of cost or they may decrease cost while creating a dissatisfying experi¬ence for patients” (p. 1). With the push of ACA and the Triple Aim approach, local governments expect collaboration between providers in order to properly utilize resources and reduce the increasing incidence and cost of healthcare. An Accountable Care Organization (ACO) is part of healthcare reform requiring mutual support from several health facilities in a defined region. They share responsibility for community health and the financial risk of increasing access while forming networks that are more efficient. A regulatory board that evaluates performance and delivers incentives will monitor success. The ACO model and collaborative care is vital for achievement of the TA …show more content…
Instead, a majority of health professions schools today show a collection of mutually-exclusive educational structures and affiliated practice organizations with little dialogue, integration, or collaboration between them (Earnest and Brandt, 2014). Moreover, academic curriculum lacks direction for developing cooperative abilities. Earnest and Brandt (2014) reveal “inter-professional team-based care, quality and process improvement, and population health management are not skills that have been emphasized in traditional health professions education and training” (p. 497). This lack of understanding only leads to a lack of
Many sources identify the Triple Aim as a derivation of the Iron Triangle’s evolution. The Iron Triangle addresses the ambiguous quality of services, the accessible nature of healthcare delivery, and the affordability of the care. In complete opposition, Triple Aim seeks to optimize performance by improving the patient experience, improving the health of a population, and reducing per capita health care costs. Furthermore, the Triple Aim framework supports the reduction of waste and increase in operational efficiency through the usage of integrators that oversee the three components. The topics addressed in each triangle’s vertices do not have a one-for-one correlation and hence further reveal the differentiation among the ideas. However, both the Iron Triangle and Triple Aim have continued to remain common knowledge among educators and healthcare policy makers and have contributed to health policy changes over the
Cimasi, R. J. (2013). Accountable care organizations: Value metrics and capital formation. (pp. 90-92). CRC Press. Retrieved from http://books.google.com/books?id=EDMTlDWYvmUC&dq=specific service payment bundled&source=gbs_navlinks_s
This group is more focused on satisfaction, access and quality of care. Providers, or practitioners, are also key stakeholders within an organization. The term provider can encompasses not only physicians and surgeons, but also nurses, physical and occupational therapists, technicians, and other members of a clinical staff. Providers fall into two categories, primary, which includes hospitals and health departments and secondary, which includes educational institutions and pharmaceutical companies. Providers are focused on the best treatments for patients and are involved in delivering health services and products. The final element of the MCQ model is the employer who by far is the largest paying and purchasing stakeholder of an organization. The employers focus is primarily on their return on investment within an organization. Cost and quality is a focus for employers when choosing health benefits but are mindful that access is just as important. Within the Patient Healthcare model, MCQ explains the interactions between the four elements of employer, patient, provider and payer while the Iron Triangle focuses on the factors of cost, quality, and access. The Patient Healthcare model charges healthcare leaders with the task of balancing satisfaction with the stakeholder (employer, patient, provider, and payer) in relation to cost, quality and access. This may be very difficult since stakeholders may have competing priorities. Changes and variations made in how healthcare organizations operate may have profound effects on how stakeholders perceive the quality, access and cost. For instance, a patient may consider cost to be a top priority when seeking healthcare and at the same time the healthcare organization may consider raising costs and therefore devaluing access and quality. Patients who begin to incur high out-of-pocket costs may begin to perceive a financial
The health care organization with which I am familiar and involved is Kaiser Permanente where I work as an Emergency Room Registered Nurse and later promoted to management. Kaiser Permanente was founded in 1945, is the nation’s largest not-for-profit health plan, serving 9.1 million members, with headquarters in Oakland, California. At Kaiser Permanente, physicians are responsible for medical decisions, continuously developing and refining medical practices to ensure that care is delivered in the most effective manner possible. Kaiser Permanente combines a nonprofit insurance plan with its own hospitals and clinics, is the kind of holistic health system that President Obama’s health care law encourages. It still operates in a half-dozen states from Maryland to Hawaii and is looking to expand...
The current focus on new healthcare models is a reaction to long-standing concerns around quality, cost, and efficiency. Accountable Care Organizations model focus on integrated healthcare to promote accountability and improve outcomes for the health of a defined population. The goal of integrated healthcare is to ensure that patients, especially the chronically ill, get the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors (CMS, 2014). The following paper will analyze an ACO’s ability to change healthcare in the United States.
The majority of a patient’s care remains within the system, enabling maximum efficiency and coordination. Furthermore, research has shown that ACOS help reduce medical errors, eliminate duplicate services and facilities as well as provide financial incentives to demonstrate high-quality, patient centered care (Richman, Schulman, 2011). Several ACOs across the country are showing an increase in care coordination leads to a reduction in no-shows, improved medication adherence and enhances preventative and chronic care. For example, in a care coordination pilot performed by Trinity Clinic, which is part of an ACO, care coordinators boosted quality and revenue by reducing their no show rate form 4.5% to 2.8% primarily due to a previsit phone call set up by the coordinators (Mullins, Mooney, & Fowler, 2013). ACOS are not the entire solution, but these organizations are certainly a step in the right direction, putting patient satisfaction and quality as part of their fundamental
Davidson, Stephen M. Still Broken: Understanding the U.S. Health Care System. Stanford, CA: Stanford Business, 2010. Print.
The facts bear out the conclusion that the way healthcare in this country is distributed is flawed. It causes us to lose money, productivity, and unjustly leaves too many people struggling for what Thomas Jefferson realized was fundamental. Among industrialized countries, America holds the unique position of not having any form of universal health care. This should lead Americans to ask why the health of its citizens is “less equal” than the health of a European.
Overall, the increase within health care costs is effecting our nation significantly. Not only does it affect consumers but also organization. As it continues to increase everyone is finding themselves unable to pay for such changes. Reducing such growth within the health care costs requires a collaborative, inclusive, and dual-party approach. Strategies for reducing the costs include but not limited to: promoting prevention and healthy living, improving patient safety, and promoting transparency on medical costs and quality. If the nation works on such improvements, hopefully we will be able to turn the health care system into something we can all afford once again.
The U.S. expends far more on healthcare than any other country in the world, yet we get fewer benefits, less than ideal health outcomes, and a lot of dissatisfaction manifested by unequal access, the significant numbers of uninsured and underinsured Americans, uneven quality, and unconstrained wastes. The financing of healthcare is also complicated, as there is no single payer system and payment schemes vary across payors and providers.
Despite the importance of interprofessional collaboration in healthcare, many colleges still teach students in a uni-professional manner. The uni-professional approach to education creates problems: a lack of understanding of the roles of other professions, poor attitude toward professional collaboration, poor teamwork and communication skills (Frenk et al.,
In sum, America needs to reevaluate the status quo surrounding medical care. It is becoming increasingly apparent that the current model only benefits a select few and causes insufferable costs for the rest of the world. If there is no reform for these issues, money will continue to be siphoned directly into the pockets of large, for-profit companies that benefit from the strife of
What is managed care? According to the Oxford English Dictionary, managed care is “a system of health care in which patients agree to visit only certain doctors and hospitals, and in which the cost of treatment is monitored by a managing company.” Managed care is a variety of techniques designed to reduce the cost of providing health benefits and advance the quality of care. In the United States alone, there are various managed care programs, that are ranged from more restrictive to less restrictive. As stated in the National Institutes of Health, the future of managed care is uncertain. It is enthralling to note that in spite of the advances in healthcare systems, such as our hospital’s ability to provide patients with lower cost, managed
Rising medical costs are a worldwide problem, but nowhere are they higher than in the U.S. Although Americans with good health insurance coverage may get the best medical treatment in the world, the health of the average American, as measured by life expectancy and infant mortality, is below the average of other major industrial countries. Inefficiency, fraud and the expense of malpractice suits are often blamed for high U.S. costs, but the major reason is overinvestment in technology and personnel.
Reforming the health care delivery system to progress the quality and value of care is indispensable to addressing the ever-increasing costs, poor quality, and increasing numbers of Americans without health insurance coverage. What is more, reforms should improve access to the right care at the right time in the right setting. They should keep people healthy and prevent common, preventable impediments of illnesses to the greatest extent possible. Thoughtfully assembled reforms would support greater access to health-improving care, in contrast to the current system, which encourages more tests, procedures, and treatments that are either