Cost And Quality Analysis Research Paper

PAGES
3
WORDS
955
Cite

¶ … Quality Analysis Healthcare Quality and Cost

Despite the fact that there is a comprehensive policy agreement that both cost control and quality enhancement are vital, the relationship between health care costs and quality is one of contention in debates in health care policy. One conceivable aspect is that enhancement in quality necessitates infusion of investments or on the contrary, reductions on cost could diminish quality. On the other hand, improvements in quality could decrease costs by diminishing intricacies or healthcare facility readmissions. As a matter of fact, the relationship between cost and quality possibly lies between these two ends, so that some kinds on health care costs are linked with high quality and others with poor quality. The impact is reliant on the areas the funds are expensed (Hussey et al., 2013).

Select one public agency and one private agency and differentiate their roles and major activities in addressing cost and quality in health care

A public health agency in the United States is the Centers for Medicare and Medicaid Services. On the other hand, a private agency in the nation considered in this essay is Center for Health Care Strategies, Inc. These two agencies play different roles and undertake dissimilar activities in addressing cost and quality in health care. Center for health care Strategies, Inc. (CHCS) plays an impartial convening role, connecting...

...

The work undertaken by this agency is to lay emphasis on bringing partners together, and building capacity and agreement to render the highest quality care in the lowest cost possible. The activities undertaken by CHCS consist of cooperative learning and technical assistance, leadership and capacity building, state technical assistance and best practice dissemination (Center for Health care Strategies, 2016).
On the other hand, Centers for Medicare and Medicaid Services are included in the Department of Health and Human Services (HHS). The role of CMS in the greater health care setting has been largely propagated beyond the customary role of undertaking the Medicare, Medicaid and Children's health Insurance programs (CHIP). The Affordable care Act (ACA) is intended to increase accessibility to affordable health care and make the health care system of the United States to be more results oriented and cost effective. In turn, ACA necessitates that CMS work in tandem with various states to institute Health Insurance Marketplaces, propagate Medicaid, and regulate private health insurance plans (CMS, 2013). CMS takes the responsibility to lead the healthcare industry in the provision of high quality care and better health at decreased costs through enhancement to healthcare for all…

Sources Used in Documents:

References

Centers for Health Care Strategies. (2016). About Us: What We Do. Retrieved from: http://www.chcs.org/about-us/what-we-do/

CMS. (2013). CMS Strategy: The Road Forward 2013 -- 2017. Retrieved from: https://www.cms.gov/About-CMS/Agency-Information/CMS-Strategy/Downloads/CMS-Strategy.pdf

Hussey, P. S., Wertheimer, S., & Mehrotra, A. (2013). The association between health care quality and cost: a systematic review. Annals of internal medicine, 158(1), 27-34.

Malnyk, M. (2016). Improving healthcare quality, patient outcomes, and costs with evidence-based practice. Reflections on Nursing Practice.


Cite this Document:

"Cost And Quality Analysis" (2017, January 31) Retrieved April 26, 2024, from
https://www.paperdue.com/essay/cost-and-quality-analysis-2163867

"Cost And Quality Analysis" 31 January 2017. Web.26 April. 2024. <
https://www.paperdue.com/essay/cost-and-quality-analysis-2163867>

"Cost And Quality Analysis", 31 January 2017, Accessed.26 April. 2024,
https://www.paperdue.com/essay/cost-and-quality-analysis-2163867

Related Documents

Dibsa should turn towards the market-based pricing strategy, which sees the implementation of competitive prices for the 3-in-1 Lawnmower. The selection of this combination of strategies would generate several impacts upon the company, but most of them would be obvious at product lifecycle level. In this order of ideas: The sales revenues would be significantly high throughout the first six months and they would allow the company to cover for

Cost Benefit Analysis
PAGES 15 WORDS 4041

Benefit Analysis Introduction and Analysis of the Project: Cost-Benefit Analysis of Proposed New Health Warnings on Tobacco Products (Report, 2003) The new regulation introduced in July 2004 to be implemented for all the years till 2030, have significant cost impact on the economy. Certain benefits are also associated with it, the primary ones include health improvement, increased revenues for non-tobacco industry and the decreased healthcare expense. The major costs are related

Benefit Analysis Memorandum Cost-Benefit Analysis Cost-benefit analyses are routinely conducted for federal programs and proposed federal programs. The researchers propose a cost-benefit analysis for homeland security expenditures designed to address conventional threats to national security. An evaluation of catastrophic threats is specifically excluded from this analysis as only 14% of the federal homeland security budget is directed at the prevention of catastrophic threats to national security. The recommendation from the authors

Vaughan, J.L., Leming, M.L.M., Liu, M., & Jaselskis, E., 2013. Cost-Benefit Analysis of Construction Information Management System Implementation: Case Study. Journal of Construction Engineering and Management. Managers working within construction projects encounter significant expenditure of resources in collecting project data, evaluating production rates, and exchanging information with project stakeholders. The paper focuses on the execution of project tasks through manual reduction of inefficiency as well as improved effective operations in

Gun Laws Cost-benefit Analysis: Cost Benefit Analysis (CBA) is the method with the help of which the answer to the question of "did the spending serve its purpose?" is obtained. It is an analytical process of measuring the utility of an interventional process or ways and methods of reaching and objective. In the domain of crime prevention, the programs carried out are subjected to this analysis among others by the Australian government

Health Care Economics In economics, cost-benefit analysis assists in evaluating the costs of an approach in terms of resources spent while cost-effective analysis evaluates the costs as achieving some sort of benefit which is not evaluated in monetary terms. Moreover, cost-benefit study examines several aspects including net-present value, present value of benefit, and present value of costs; in line with this, if a project indicates that the monetary outcome is greater