Reflect on your current or future role in healthcare. How you would you, in the role of director of nursing or healthcare administrator contribute to improving cost effective quality care, patient satisfaction, and patient safety?
What practices would you apply to minimize medical errors among front-line nursing staff?
Assignment Expectations
Length: 1500-2000 words in length
Structure: Include a title page and reference page in APA format. These do not count towards the minimal word amount for this assignment. Your essay must include an introduction and a conclusion.
References: Use the appropriate APA style in-text citations and references for all resources utilized to answer the questions. A minimum of two (2) scholarly sources are required for this assignment.
Answer preview
One of the triple aim areas of focus is improving healthcare accessibility by reducing per capita cost. The increasing cost of healthcare services is becoming a major barrier, especially to uninsured or people living below the federal poverty line. Acute or long terms hospitals can utilize this principle to reduce the cost of their care to improve patients’ satisfaction. Health facilities can come up with a standard pricing structure that will not overprice their health services. It will help the uninsured and people from the poverty-stricken neighborhood to access health services. Long term care organizations can reduce costs by implementing an effective payment system. To illustrate, health organizations can apply a value-based payment system. The value-based payment system allows health organizations to reduce healthcare costs by switching from the traditional quantity-based system to a quality-based system. In this strategy, health providers are only compensated after they deliver quality services and improve patient satisfaction. Haun, Patel, French, Campbell, Bradham, & Lapcevic (2015) discuss that this strategy helps health organizations to reduce medical errors.
