Delivering Value in Healthcare
Value in healthcare involves providing meaningful therapeutic value to all the patients. The value of the therapy should consequently result in positive effects in the quality of life, productivity. The value of healthcare delivered by a healthcare professional determines whether a particular disease process becomes better or worse. It also determines the cost of care and the patient’s satisfaction with the care he/she has received. The paper provides a detailed description of the concept of delivering value in healthcare.
Delivering value in healthcare means a lot to both the healthcare professionals and the consumers receiving their services. Healthcare professionals need to give quality care to patients to elevate or improving the health of patients. To deliver value in healthcare, professionals are required to act professionally to advance the environment of the healthcare organization. As a professional, it is vital for health care providers to indulge in ethics such as nonmaleficence, respect for autonomy, justice, and beneficence. In delivering value in healthcare, the professionals similarly need to indulge in evidence-based practice and proper care in practice.
Furthermore, it is necessary to decrease the risk of malpractice, negligence, and medical errors in healthcare institutions. To properly deliver value in healthcare, it is also vital for the consumers to understand the healthcare professionals’ requirements and delivery of care. Consumers’ role in receiving value in healthcare includes providing accurate information about their health condition, requesting a further explanation from the doctor where you don’t understand, and providing the truthful and correct information about your health history. Most patients experience rapid healing due to the trust and proper communication they offer and receive from the health professionals.
To deliver value in healthcare, care should be reorganized around the conditions of the patients into IPUs. Value in healthcare involves integrating multi-care delivery systems, which should be done across geography to improve patients care. After treatment, every patient’s outcomes and cost should be measured, and reimbursement made according to the value of healthcare delivered. The value of care provided should be measured using the set results for the condition being treated and the total cost of delivering the set outcomes in the full cycle of care. Delivering value to healthcare is beneficial to the patients, providers, those paying for the service, the suppliers, and society. Low cost and good outcomes are the benefits of value in healthcare to patients, while providers benefit from it through efficiency in delivering the care and satisfaction of patients.