Sunday, December 29, 2019
Cost Containment A Way For Us Health Care Delivery System
Cost containment is a way for the U.S health care delivery system to solve inflation in cost which will save money for the hospitals involved. According to ââ¬Å"Health Care Cost Containment: A Contradiction in Terms?â⬠cost inflation has many contributors including the increased cost in hospitalization, advancing medical technology, prescription drugs, professional degrees, legal settlements, and other related services (McConnell CR, 2002, p.70-71). All of these contributors are coming from different aspects of the health care delivery system but they all end up with the same results. Cost containment effort ideas can solve all of those problems as long as they are properly implemented and people really believe in helping to keep costs at aâ⬠¦show more contentâ⬠¦The effort to lower hospital costs for this example may be to create or require them to have a more expensive health care plan through the hospital that will give the facility a larger amount of income from tha t patient. Overall, there are many efforts for cost containment such as monitoring the cost of physician roles, prescription drugs, intensive care, and using extra effort as a registered nurse to avoid legal settlements that will help others and impact the practice of nursing. The first effort that will help with cost containment is monitoring the decisions of physicians. It is thought to be that physicians ââ¬Å"determine who comes into our facilities, how long they stay, and what gets done to care for them along the wayâ⬠(Rich Daly, 2013) If physicians really do determine all of that stated, then the efforts for cost containment need them to be the leaders. The article ââ¬Å"Putting Physicians in the Lead for Cost Containmentâ⬠also states that there are many factors that physicians can go through with such as improving daily care while keeping costs low, change procedures to ââ¬Å"yield savingsâ⬠, and it also states that they should be on top of things to notic e progress. All of those factors stated in the article can contribute to cost containment in a way that also improves the quality of care. The ideas given will help patients by giving them a higher quality of care and it will also help physicians by giving them a
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