practical examples that support value-based of healthcare|My homework helper
Posted: February 14th, 2023
Watch this video lecture by Professor Michael Porter and “summarize the practical examples” he provides that support the “value-based” vision of healthcare that he presents in this lecture.
Week Three Discussion Question
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Watch this video lecture by Professor Michael Porter and “summarize the practical examples” he provides that support the “value-based” vision of healthcare that he presents in this lecture?
https://www.youtube.com/watch?v=DRkhppxZzL0
Submit a thoughtful, well-written, and grammatically correct post and consider using at least one scholarly reference to support your answer
SOLUTION
Here are some practical examples that support the value-based approach to healthcare:
- Pay-for-performance models: These models provide financial incentives to healthcare providers for achieving certain quality outcomes, such as reducing hospital readmissions or improving patient satisfaction.
- Accountable care organizations (ACOs): ACOs are networks of healthcare providers who work together to coordinate care for a group of patients, with the goal of improving quality and reducing costs.
- Patient-centered medical homes (PCMHs): PCMHs are primary care practices that focus on providing comprehensive and coordinated care to patients, with a focus on prevention and disease management.
- Shared decision-making: Shared decision-making involves working collaboratively with patients to make treatment decisions that are based on the patient’s preferences and values, as well as the best available evidence.
- Telemedicine: Telemedicine allows patients to receive care remotely, which can improve access to care and reduce costs, particularly for patients in rural or underserved areas.
- Electronic health records (EHRs): EHRs can improve the quality and safety of care by making patient information more readily available to healthcare providers and reducing the risk of errors.
These examples all demonstrate a focus on improving the quality of care and outcomes for patients, while also reducing costs and improving efficiency.
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