Cost And Quality What Was The Health Care Setting
Cost and quality
As you can see in the chart above, though the United States has had the highest health care expenditure in the world, the health status of the entire population has lagged behind numerous developed countries. The Affordable Care Act is aimed at promoting quality of care along with cost reduction, but health care organizations wrestle with meeting all of the challenges.
Present to your classmates a quality improvement & cost saving project that you read about in a scholarly source, addressing the following eight key questions:
* What was the health care setting (hospital, clinic, nursing home, etc.)?
* What were the problems/issues leading to the change project?
* Who were the stakeholders involved in the project?
* What was the timeframe involved in the project?
* What were the financial resources allocated to the project?
* What were the results on quality improvement?
* What was the evidence on cost saving?
* Leatt and colleagues (1997) recommended nine approaches for successful cost cutting. Which approaches are demonstrated in your case?
Use the MHA601 Library Research Guide for help with locating a scholarly source for this discussion. Your initial post should be at least 300 words. Support your response with a minimum of two scholarly sources.
This has to be one of the sources
Frates, J. (2014). Health care management: Theory in action . San Diego, CA: Bridgepoint
Education, Inc.
Cost And Quality
Author Name
Institution Affiliation
What was the health care setting (hospital, clinic, nursing home, etc.)?
From the cost of this project, it is evident that the healthcare setting is a public hospital where short-term and long-term care is provided to patients with different diseases (Macken & Hyrkas, 2014). Open 24 hours a day, the hospital brings together physicians, surgeons, and nurses in assorted specialties, healthcare administrators, specialized equipment and qualified medical technicians, all of which deliver care to the people of all age groups.
What were the problems/issues leading to the change project?
The main problem we had to face in this project was its cost. The total health expenditure per capita for Japan, Germany, and the United States was different from one another. Compared to Japan and Germany, the expenditure of America was significantly high, which is why it became necessary to change the project.
Who were the stakeholders involved in the project?
In this project, the main stakeholders were physicians who were looking after the patients on a regular basis, and they admitted that the current quality of care was not up to the mark.
What was the timeframe involved in the project?
The approximate time to complete this project was one year (Simeone, 2015), as it was a diversified project that required us to pay attention to every single aspect before the results could be presented.
What were the financial resources allocated to the project?
The total health expendi...
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