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Reducing Health Care Costs


Reducing Health Care Costs
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Reducing Health Care Costs


Reducing Health Care Costs
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Author : United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions
language : en
Publisher:
Release Date : 2020

Reducing Health Care Costs written by United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Medical care categories.




The Healthcare Imperative


The Healthcare Imperative
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Author : Institute of Medicine
language : en
Publisher: National Academies Press
Release Date : 2011-01-17

The Healthcare Imperative written by Institute of Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-17 with Medical categories.


The United States has the highest per capita spending on health care of any industrialized nation but continually lags behind other nations in health care outcomes including life expectancy and infant mortality. National health expenditures are projected to exceed $2.5 trillion in 2009. Given healthcare's direct impact on the economy, there is a critical need to control health care spending. According to The Health Imperative: Lowering Costs and Improving Outcomes, the costs of health care have strained the federal budget, and negatively affected state governments, the private sector and individuals. Healthcare expenditures have restricted the ability of state and local governments to fund other priorities and have contributed to slowing growth in wages and jobs in the private sector. Moreover, the number of uninsured has risen from 45.7 million in 2007 to 46.3 million in 2008. The Health Imperative: Lowering Costs and Improving Outcomes identifies a number of factors driving expenditure growth including scientific uncertainty, perverse economic and practice incentives, system fragmentation, lack of patient involvement, and under-investment in population health. Experts discussed key levers for catalyzing transformation of the delivery system. A few included streamlined health insurance regulation, administrative simplification and clarification and quality and consistency in treatment. The book is an excellent guide for policymakers at all levels of government, as well as private sector healthcare workers.



Cracking Health Costs


Cracking Health Costs
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Author : Tom Emerick
language : en
Publisher: Wiley
Release Date : 2013-07-01

Cracking Health Costs written by Tom Emerick and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-01 with Business & Economics categories.


Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing “volume-driven” medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe’s, are turning to the “Centers of Excellence” approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees’ overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today.



Cracking Health Costs


Cracking Health Costs
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Author : Tom Emerick
language : en
Publisher: Wiley
Release Date : 2013-07-01

Cracking Health Costs written by Tom Emerick and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-01 with Business & Economics categories.


Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing “volume-driven” medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe’s, are turning to the “Centers of Excellence” approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees’ overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today.



Strategies To Explore Ways To Improve Efficiency While Reducing Health Care Costs


Strategies To Explore Ways To Improve Efficiency While Reducing Health Care Costs
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Author : Calvin Tchatchoua
language : en
Publisher: AuthorHouse
Release Date : 2022-06-02

Strategies To Explore Ways To Improve Efficiency While Reducing Health Care Costs written by Calvin Tchatchoua and has been published by AuthorHouse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-02 with Education categories.


It was my pleasure to work with Calvin on his Doctoral Study at Walden University from 2014 to 2018. According to the Institute of Medicine of the National Academy of Science (2012), the United States is the only industrialized nation in the world that does not have a universal healthcare system. Citizens in this country spend twice the amount of money on healthcare costs, while the quality of services is only ranked 31st in the world by the World Health Organization. By using system’s theory, Calvin identified those factors that are directly and inversely related to healthcare costs. If these factors go up, healthcare costs go up; if they go down, healthcare costs go down. In Calvin’s study, he documents and discusses that $667 billion dollars is wasted because we don’t manage these factors efficiently. He then identifies factors that are inversely related to healthcare costs. If they go up, healthcare costs go down; if they go down, healthcare costs go up. This represents a total of $391 billion. To correct this problem, we need to improve efficiencies to reduce costs and we need to reduce inefficiencies to lower costs with evidence-based practices that work (see Figure 3 on page 98). If only half of these issues were successfully worked on, hospital costs could be reduced by $500 billion. We would have enough funding to make certain that every person in the United States could have fully funded healthcare insurance (Gossett, et al., 2019). This is a book that is well-worth reading. -Kenneth D. Gossett, Ph.D. May 6, 2022



Best Care At Lower Cost


Best Care At Lower Cost
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Author : Institute of Medicine
language : en
Publisher: National Academies Press
Release Date : 2013-05-10

Best Care At Lower Cost written by Institute of Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-10 with Medical categories.


America's health care system has become too complex and costly to continue business as usual. Best Care at Lower Cost explains that inefficiencies, an overwhelming amount of data, and other economic and quality barriers hinder progress in improving health and threaten the nation's economic stability and global competitiveness. According to this report, the knowledge and tools exist to put the health system on the right course to achieve continuous improvement and better quality care at a lower cost. The costs of the system's current inefficiency underscore the urgent need for a systemwide transformation. About 30 percent of health spending in 2009-roughly $750 billion-was wasted on unnecessary services, excessive administrative costs, fraud, and other problems. Moreover, inefficiencies cause needless suffering. By one estimate, roughly 75,000 deaths might have been averted in 2005 if every state had delivered care at the quality level of the best performing state. This report states that the way health care providers currently train, practice, and learn new information cannot keep pace with the flood of research discoveries and technological advances. About 75 million Americans have more than one chronic condition, requiring coordination among multiple specialists and therapies, which can increase the potential for miscommunication, misdiagnosis, potentially conflicting interventions, and dangerous drug interactions. Best Care at Lower Cost emphasizes that a better use of data is a critical element of a continuously improving health system, such as mobile technologies and electronic health records that offer significant potential to capture and share health data better. In order for this to occur, the National Coordinator for Health Information Technology, IT developers, and standard-setting organizations should ensure that these systems are robust and interoperable. Clinicians and care organizations should fully adopt these technologies, and patients should be encouraged to use tools, such as personal health information portals, to actively engage in their care. This book is a call to action that will guide health care providers; administrators; caregivers; policy makers; health professionals; federal, state, and local government agencies; private and public health organizations; and educational institutions.



State Level Options For Reducing Private Sector Health Care Costs


State Level Options For Reducing Private Sector Health Care Costs
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Author : Daphne A. Kenyon
language : en
Publisher:
Release Date : 2005

State Level Options For Reducing Private Sector Health Care Costs written by Daphne A. Kenyon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Medical care, Cost of categories.


"This paper lists eleven ideas for ways to reduce health care costs without simply shifting the cost onto others or reducing access to care or quality of care. Some of the ideas have been debated with regularity, others are offered for a first discussion in the state."--NHCPPS Web site.



Reducing Health Care Costs


Reducing Health Care Costs
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Author : United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions
language : en
Publisher:
Release Date : 2020

Reducing Health Care Costs written by United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.




Reducing Health Care Costs Eliminating Excess Health Care Spending And Improving Quality And Value For Patients Senate Hearing 115 828 July 17 2018 115 2


Reducing Health Care Costs Eliminating Excess Health Care Spending And Improving Quality And Value For Patients Senate Hearing 115 828 July 17 2018 115 2
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Author :
language : en
Publisher:
Release Date : 2021

Reducing Health Care Costs Eliminating Excess Health Care Spending And Improving Quality And Value For Patients Senate Hearing 115 828 July 17 2018 115 2 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.




The Complex Puzzle Of Rising Health Care Costs


The Complex Puzzle Of Rising Health Care Costs
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Author : Council on Wage and Price Stability (U.S.)
language : en
Publisher:
Release Date : 1976

The Complex Puzzle Of Rising Health Care Costs written by Council on Wage and Price Stability (U.S.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Government publications categories.