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October of 2007 The Triple Aim Initiative was launched by the Institute for Healthcare Improvement (IHI). It was created to lower the rate of increase in the per capital cost of care and also to help health care organizations better the health of a populations patients experience of care (McCarthy & Klein, 2010). In order to improve the experience of care they had to improve the quality, access, and reliability that the patients receive. Overview Of Case Study The Triple Aim included three different organizations: CareOregon, Genesys Health System, and Quad Med. The CareOregon was a nonprofit managed healthcare plan serving Medicaid enrollees (McCarthy & Klein, 2010). This organization assisted low-income patients including those with complex …show more content…
chronic conditions. The Genesys Health System was based in the Metropolitan Flint, Michigan, and this organization assisted low-income uninsured county residents who receive basic health care through Genesse Health Plan (McCarthy & Klein, 2010). By promoting health through the use of navigator who supports patients in adopting health lifestyles this organization helps to prevent chronic diseases (McCarthy & Klein, 2010). CASE STUDY ANALYSIS 3 The Quad Med develops and manages worksite health clinics(McCarthy & Klein, 2010). The clinics organized care around prevention and outcomes rather than production and they place a high priority on patient health. (McCarthy & Klein, 2010). They zero in on employees, family members, and some retirees of Quad/Graphics (McCarthy & Klein, 2010). Each of these organizations brought together different constituencies to accomplish the goal of the Triple Aim. Cultural Competency Cultural Competency is the ability to understand, appreciate, and interact with people from a different culture or belief systems than one's own. Learning about the Triple Aim I noticed it did not focus on different cultures or belief but more on all the organizations coming together with the same responsibilities and that was to meet the goal of the Triple Aim. It also focused on working to change the "more is better" culture through transparency, education, and communication (McCarthy & Klein, 2010). Leveraging of Technology Although it was not discussed in this article The Health Information Technology for Economic and Clinical Health (HITECH) Act invested $30 billion to stimulate the adoption and “meaningful use” of electronic health records with the belief that such health information technology (HIT) can help achieve the “triple aim”: better care experiences, better population health, and reduced per-capita cost (Sood 2016). The electronic health records also known as EHR is a digital version of the patients chart. CASE STUDY ANALYSIS 4 Global Health Initiatives The U.S.
Global Health Initiative (GHI) is an approach to the U.S. global health policy that seeks to strengthen, streamline, and increase the efficiency of existing U.S. global health programs(GHI 2011). There are seven guiding principles of the GHI: (1) Focusing on women, girls and gender equality; (2) Sustainable country-owned programs; (3) Health systems strengthening; (4) Promoting global health partnership; (5) Integration; (6) Research and innovation; and (7) Improve metrics, monitoring and evaluation(GHI 2011) Critical Factors for Success The Triple Aim Initiatives measures success by encouraging participants to adopt robust measures of outcome in achieving each three aims: population health, patient experience, and per capita cost of care (McCarthy & Klein, 2010). There is also five principles that organizations need to use when developing their new type of care: (1) Involve both individuals and families in the design of the new healthcare model; (2) Restructure primary care services to better serve the population; (3) Enhance both disease prevention and health promotion services; (4) Develop a cost-control program that helps saves money per capital for health care; and (5) Create a support system (McCarthy & Klein, …show more content…
2010). Mentoring/Coaching/Leading The lead organization for the Triple Aim Initiative is The Institute of Healthcare Improvement(IHI). The IHI is a educational community that works together to improve healthcare and patient safety in the next generation of health professionals(2017). This organization has mentored and worked with many other organizations to help develop their plan CASE STUDY ANALYSIS 5 Employee Performance or Methods of Appraisals While doing the analysis for this case study I found that individual employees were not mentioned. The author did however discuss the steps one may take to meet their goal or objective which were previously discussed. Five principles an organization may use: (1) Involve both individuals and families in the design of the new healthcare model; (2) Restructure primary care services to better serve the population; (3) Enhance both disease prevention and health promotion services; (4) Develop a cost-control program that helps saves money per capital for health care; and (5) Create a support system (McCarthy & Klein, 2010). Professional Implications The cost of healthcare is extremely high and many people cannot afford it. We now have the Affordable care act that was enacted in attempts to curb the growth in healthcare spending in the U.S. The act has help many people with the cost of healthcare. Now the county is in a battle between Affordable Care Act also known as Obamacare and the new act Trump is trying to pass which is the American Healthcare Act. It is believed the American Healthcare Act would not do much to help the American people and in the end causing healthcare to remain high. Translation into Your Practice The main focus of the Triple Aim is improving the health of population, Improving the experience of care, and reducing per capita costs of health care.
I am currently a store manager at CASE STUDY ANALYSIS 6 a clothing store and I am working to become a leader in the healthcare field. I believe this translates into my practice because as a manager I want to make sure my customers are given the best prices and deals on merchandise so I lower the cost of the merchandise by offering a discount. Critique What was Learned from this Project By doing this project I learned that the cost of healthcare can be extremely high and many people cannot afford it. With the help of the Triple Aim Initiative I believe it will help out so many Americans that are struggling with the cost of Healthcare. Triple Aim main focus is to improve the health of population, Improve the experience of care, and reducing per capita costs of health care. Without balanced attention to these three overarching aims, health care organizations may increase quality at the expense of cost, or vice versa(McCarthy & Klein,
2010). Conclusion The cost of healthcare in the U.S. is constantly rising every year. In 2015 it was reported that the cost of healthcare was 3.2 trillion and in comparison healthcare cost was 27.2 billion in 1960(Amadeo 2017). Meaning that the cost per person was $146 in 1960 and now it is $9,990 per person(Amadeo). Many Americans will benefit much more with the help of the Triple Aim Initiate because the cost of healthcare could be so much lower.
According to the Institute for Healthcare Improvement’s article “A Primer on Defining the Triple Aim”, the Triple Aim was introduced as a framework as opposed to a concept. Frameworks are structures derived from a series of related concepts; in this case: patient experience, cost of care, and population health. Comparatively, William Kissick’s Iron
According to Amedisys (2015), the organizations strategic goals include maximizing clinician efficiency by simplifying processes and procedures, improving patient care coordination through collaborative care technology,
To guarantee that its members receive appropriate, high level quality care in a cost-effective manner, each managed care organization (MCO) tailors its networks according to the characteristics of the providers, consumers, and competitors in a specific market. Other considerations for creating the network are the managed care organization's own goals for quality, accessibility, cost savings, and member satisfaction. Strategic planning for networks is a continuing process. In addition to an initial evaluation of its markets and goals, the managed care organization must periodically reevaluate its target markets and objectives. After reviewing the markets, then the organization must modify its network strategies accordingly to remain competitive in the rapidly changing healthcare industry. Coventry Health Care, Inc and its affiliated companies recognize the importance of developing and managing an adequate network of qualified providers to serve the need of customers and enrolled members (Coventry Health Care Intranet, Creasy and Spath, http://cvtynet/ ). "A central goal of managed care is containing the costs of delivering care, but the wide variety of organizations typically lumped together under the umbrella of managed care pursue this goal using combination of numerous strategies that vary from market to market and from organization to organization" (Baker , 2000, p.2).
Meeting the changing needs of healthcare today is a challenge for any organization. Meeting the challenging needs of tomorrow is even more perplexing. Centura Health, however, has a strategic plan in place for addressing the health care needs of the citizens in Colorado and Kansas for the next decade. Centura Health 2020 is designed to transform the future of health care for their patients and their surrounding communities. Using three pillars to define their vision, Centura Health plans to strengthen their foundation, move upstream to manage health, and create systems of care. With a focus on wellness and affordable care, their slogan for their strategic plan, “get better, get different” sums up their intentions. With their solid, well thought-out
While the outcomes of the effects of newer efforts are unclear, the assessments address specific issues that stand in the way of Honor Health’s mission. Honor Health is effectively using its vision statement to fulfill its mission; to an extent, as its mission and vision are so vague. By identifying data and socioeconomic barriers to care in each individual community it serves; each community is identified by zip codes that surround each hospital and health clinic in the organization, it can purpose and implement initiatives to address specific needs (Honor Health, 2015). While the vision statement is vague, it does provide a broad goal for the organization that can allow a variety of strategies, allowing operational flexibility and room for leadership to implement a diverse definition of organizational mission
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.
For the last five years of my life I have worked in the healthcare industry. One of the biggest issues plaguing our nation today has been the ever rising cost of health care. If we don't get costs under control, we risk losing the entire system, as well as potentially crippling our economy. For the sake of our future, we must find a way to lower the cost of health care in this nation.
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.
Despite the established health care facilities in the United States, most citizens do not have access to proper medical care. We must appreciate from the very onset that a healthy and strong nation must have a proper health care system. Such a health system should be available and affordable to all. The cost of health services is high. In fact, the ...
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.
...e crucial change needed in health services delivery, with the aim of transforming the current deteriorated system into a true “health care” system. (ANA, 2010)
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
The Institute of Medicine came up with the six different aims to improve the quality care that is given to patients and their overall safety(add “,”) because it is one of the most important aspects of healthcare.
London, England. The.. London School of Hygiene and Tropical Medicine n.d., Session 5: The role of the state. in global health, London School of Hygiene and Tropical Medicine, London, England. Ricci J.
This report is based on the major and specific global health problems in the world. Global health refers to the health of all people in the world which concerns about the health issues that go beyond the borders of each country due to the globalization ( Dyar & Costa, 2013). As well as health issues are referred to the health problems created due to this globalization.