The present challenges for the healthcare industry are significant. With a population that is forever aging, escalating costs, and the unsure impact of the Affordable Care Act, healthcare providers are under tremendous pressure to meet the needs of their patients while maintaining or even reducing costs. One such organization feeling this pressure is BayCare which is a leading not-for-profit health care system that connects individuals and families to a wide range of services at 13 hospitals and hundreds of other convenient locations throughout the Tampa Bay and central Florida regions. Inpatient and outpatient services include acute care, primary care, imaging, laboratory, behavioral health, home care, and wellness. With over 3,100 practicing physicians and more than 58,500 surgeries performed annually, their budget for operating room supplies exceeds $80 million annually across all facilities. Morton Plant Hospital is faced with the challenge of reducing overall operating costs without sacrificing their high standards of patient care and safety. The hospital realized that surgical waste represented a huge opportunity to address. By providing visibility to information that was otherwise hidden, a case cart system would be able to track surgical materials issued, used, and returned; including between doctors, procedures, and locations. This could help the hospital to achieve a number of objectives including: guarantying that all material issued to the OR was accounted for
Continuous and life-long learning- Unlike other professions in healthcare field one has to keep in pace with the updates going on, know the new technology,
Change can be devastating and not always everyone agree with it. The biggest transformation in healthcare is the implementation of the Affordable Care Act. With the new health care system the government mandated U.S. citizens and legal residents to have health insurance that resulted in the rise of insured individuals. Due to the new policy more people have access to health care that means more primary physician needed to accommodate the rise of new patients. Shortages of physicians not only in the primary care area but also in specialty care area are projected between 46,000-90,000 by 2025 ("The Physician Shortage," n.d.). The pay-for-performance focuses on quality that will eventually decrease the costs (James, 2012, p. 1). This system will give a reward or a bonus to the health care providers whenever they meet or exceed quality standard that are being set (James, 2012, p. 1). In contrary the system can also penalized those providers that are unsuccessful in providing the indicated goals or cost savings (James, 2012, p. 1-2). There are 2,225 hospitals in 2013 that were fined under the Hospital Readmissions Reduction Program (HRRP) which is part of the ACA regulation (Anderson, 2014, p. 11). For the institutions to survive with the new system a lot of hospitals are merging that a year after the ACA implementation there
Healthcare-Outline The United States is faced with a myriad of social and economic issues every day. Among these issues, The Affordable Healthcare Act (more popularly known as Obamacare) is a recent policy that has caused a lot of controversy. The Affordable Healthcare Act is a federal,
Healthcare is moving swiftly into uncharted territory. New regulations, changes in Medicare and Medicaid, and even reimbursement issues are all on the forefront of the twenty-first century healthcare. Heated battles are ongoing in the political arena, however it is the American patient that will feel its effects, changes, and unfortunately undergo its transition. With the ever increasing needs related to patient care, such as living longer, more complex diseases, and rapid advancement in technology, a shift in education is a must. There is a profound difference it the handling of the healthcare system. Different viewpoints has caused a poor delivery system in patient care. As nurse leaders, leading the way will be instrumental in
Over the last several years, the issue of justice in access to health care has been increasingly brought to the forefront. This is because of the practices that were used inside the industry to reduce costs and increase profit margins for many organizations. For example, a common technique that was recently outlawed with the passage of the Affordable Care Act is the denial of preexisting conditions. This is when insurance companies could refuse coverage to someone based upon them suffering from a previous illness. The basic idea is to decrease costs from having the individual pay more for health care related expenses when treating these patients. As they will require, increased services and use of a number of specialists to deal with their health related issues. (Klien, 2012)
The U.S. health care system faces challenges and it is urgent that the American people
There have been a great many changes in the healthcare industry in the past two decades, largely due to the globalization of the workforce and changing demographic patterns, and technological advances. The industry changed in terms of a reliance on hospital-based care to more emergency clinics, outpatient and nursing home services, and managed care. More hospitals merged, and many doctor's have banded together to form larger, more cost-effective, speciality groups. One of the largest and most obvious changes has been in cost of healthcare. In 1990 the avereage cost of care per person was $2800, rising in 2000 to $4700, and then in 2010 exceeding $7500. In 1990, 14.1% of Americans had no insurance and in 2010, and additional 50 million people, or 16.3%. Certainly these issues are concerns, but there have been incredible innovations that have changed the lives of all those involved in the healthcare industry. For example, doctors can turn their I-phones into an EKG monitor and transmit data in real time to a cardiologist, will cost less than $100, and will change the way patients interact with their physicins (Chideya, 2012).
In the ever-changing world of healthcare, we are confronted with many challenges for the road ahead. To learn about some of these upcoming challenges my group interviewed Dr. Devin Fox at Creighton University Medical Center. He is the Chief Medical Officer at the Hospital and teaches some at the medical school. He was an interesting fellow to interview and he definitely was knowledgeable on the topics we covered. He has been the CMO at the CHI branch of Creighton for 3 years. He covered a variety of topics including quality outcomes, personality challenges, new practices within medicine, and the upcoming building for the emergency department on Cumming Street. I will cover some on quality and productive isolation, but mainly focus on population management and the discussion we had. In this paper I will discuss population management as a concept, then talk about how certain population management programs are more effective for today’s healthcare market, and I will discuss how those programs are the future of healthcare in America. All will help describe the interview with Dr. Fox and illuminate the healthcare Administrator field.
I am blessed with a wonderful family which includes my wife of 17 years and my three kids. I work very hard during the day, focusing all of my energy doing what I love- leading a team of human resources professionals in supporting our internal customers (the employees) as we all work together and help our company remain competitive and successful in the healthcare industry. When I am not working I find I am at my most relaxed and happiest spending my free time with my family. Whether it is just spending time together privately at home, on vacation, or spending time in our community, I consider it the best part of my day. I enjoy being an active member in local community organizations and clubs. I am a Sunday school class Director, a board member
Competition in healthcare is a broad term that does not capture adequately the many variations and meanings of the term. Secondly, even when defined carefully, evaluation of the impact of competition is far from straightforward (Goddard, 2015).Many people have debated whether it’s appropriate to have competition in the healthcare industry. Claims are made at each end of the spectrum: some see competition as having no place in services aimed at protecting the sick; and others that competition is the antidote for bloated, inefficient services and even “saves lives (Goddard, 2015). It is very easy to see each end of the spectrum and how they can impact the quality of patient care.
The evolution of health care industry has taken a taken a drastic turn for employers and healthcare insurance. This article outlines a comparison in the time period between 2001 to 2011 where health insurance was typically purchased for large organizations; yet drastically lacked in medium to small companies (Haislmaier, Moffit, Owcharenko, & Senger, 2014). The large organizations typically would have 100 or more employees and the smaller organization less than 100. The trend was noted in economic downturn many organizations removed additional employees to bare minimum. This trend created a huge spike in uninsured employees or not employed.
For the purpose of this project, I have chosen a topic that surrounds the healthcare industry. When a patient’s health is deteriorating, the first thought that comes to mind of the patient’s families and friends is to blame the healthcare professionals. The healthcare professionals in this case can be the patient’s physicians, surgeons, nurses, pharmacist and even the medical equipment technologist. Therefore, I have chosen my research topic surrounding the possibilities of positive recovery rate for non-compliant patients. The definition of patient compliance is defined by the Medical News Today website, “The ultimate aim of any prescribed medical therapy is to achieve certain desired outcomes in the patients concerned. However, despite all the best intention and efforts on the part of the health care professionals, those outcomes might not be achievable if the patients are non-compliant. Compliance is patient’s behaviors in terms of taking medication, following diets, or executing lifestyle changes that coincide with health care providers’ recommendations for health and medical advice.” (Compliance, n.d.)
Health care providers should be able to constitute approaches in different resources about the issues and interventions in health care. Almost anyone from any part of the world can share, view, and deliver certain data, information, or updates in any matter. The expansion of technology fundamentally benefits different grounds such as in medicine, science, business, and health care as well. With regards to being a leader in the health care industry, there are certain changes that are needed to be pursued in order to absorb a bigger advantage and improvement in a particular area. Change can be termed as a complex word that can cover major and minor things. It is involved with the strategies, structures, systems, people and culture in
The world of healthcare has been revolutionized ever since the end of World War II from the passage of Medicare to the introduction of the Affordable Care Act in most recent years. It seems lately, though, that the biggest changes have happened in the last ten years. Along with changes in policy, hospitals have taken on themselves to change what a hospital should have. There is a whole meaning of amenities and what a hospital should offer its patients. In my opinion, these changes that bring more offer of amenities, transforming hospitals by becoming more patient-oriented, are crucial to making the whole patient experience more valuable. But what exactly are amenities in a hospital setting? Although one might confuse them with concierge services, they simply included luxury services at no extra cost for patients and guests. For example, they can range from a lobby seen at a five-star hotel to complimentary valet parking, premium television channel, wireless internet services, and private rooms for patients.
There are many factors in the healthcare industry which can incur more costs to the employers. The cost of healthcare is on the rise in the country and the reasons commonly known are the age of the population and the development of new treatment and technology but there is also very less understanding on how these costs are measured and how much more we pay for the outcomes we achieve. Poor costing systems have disastrous consequences and since the cost is misunderstood they are unable to link costs to improvements and outcomes that prevents them from making cost reductions. (Kaplan&Porter,2011). Most times the healthcare facility has to pay more for the errors from their side too.