Price and Top quality AnalysisTiffany GrattonGrand Canyon University College of NursingEthics, Plan, and Financing in the Health Care SystemNUR 508Kris BoivinDecember 18, 2013Cost and Quality AnalysisQuality and Price Both expense containment and quality improvement are essential topics related to healthcare. Regrettably, the relationship between your two is still controversial and poorly comprehended. On one hand it can be argued that increasing quality would trigger an increase in cost and vice versa decreased quality if expense is reduced. However it is argued that in the event that quality of care has been enhanced then expense reduction will be seen in areas such as clinic readmission, complications, and lowered emergency room sessions. According to Hussey and colleagues (2013) the reality is several types of health care costs are linked to high quality and others with low quality. There has been a lot of cost-quality affiliation studies carried out and most of these studies showed simply no evidence that areas with higher cost ought to quality or outcomes while others came to distinct conclusions. This topic remains to be highly discussed despite the research conducted due to several elements including differences in the way quality and cost are assessed, level of evaluation, and record methods utilized to evaluate cost and top quality. Whether or not slashes in medical cost will have a negative influence on health care quality or quality improvements will assist you to reduce spending remains uncertain and in respect to Hussey and fellow workers (2013) you cannot find any literature that proves both side. The fact is there is a direct relationship among health care cost and top quality that can transfer two different directions having both bad and positive effects on medical. The focus needs to be shifted to identifying making use of the positive facets of cost decrease and top quality improvement and eliminating the negative. General public vs . Exclusive Agencies
The normal Wealth Finance (CWF) can be described as private groundwork with a...
Sources: Hussey, P. S., Wertheimer, S., & Mehrotra, A. (2013). The Association Between Health Care Cost and quality. Annals Of Internal Remedies, 158(1), 27-34.
The Commonwealth Pay for. (2013). Quest, Goals, and Strategy retrieved from http://www.commonwealthfund.org/~/media/Files/Annual%20Report/2013/Mission_goals_2012.pdf
United States Division of Health insurance and Human Services. (2011). Strategic Plan and Priorities. Recovered from http://www.hhs.gov/strategic-plan/priorities.html
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