Question

Given your current studies in health policy and management, the Chief Executive Officer of this large healthcare system has requested that you prepare a high-level briefing for the system’s Board of Directors in which you describe:

1. (a) factors that have contributed to dramatic growth in health care spending over the past 50 years; and
2. (b) how health care payment and delivery models are transforming to promote greater accountability for cost and quality in the health care system.

Please conclude your memo with your analysis of the most promising approaches for constraining cost growth while maintaining or improving quality, as well as the limitations or open questions that accompany new reimbursement and delivery models that are intended to promote “accountable care.”

The memo must be four pages in length.

Answer 1

a)factors that contributed to dramatic growth in healthcare spending over the past 50 years are.

Healthcase is the most important aspect as it is gives treatment to people ENolution in of and healthcane industry many provides cane improved the guality equipments helped in saving many lives. Vaccines prevents many deadly diseases Continuous guality improved the lifespan of people ca91e ang

Population increases in dramatic rate which result in the increase of the diseases which in turn result in spending money for the treatment.

The population is mostly consists of elder people which treatment and for their care the spending increased.

Due to the incresin of diseases and their prevalence result in increase of money spending for care.

people are taking treatment for every condition.

Mostly the price of the services are increased.

B) Due to the development of technology the people are receiving quality care.

Using of technology helped us to acheive several treatments for diseases as well as vaccines for deadly diseases.

Technology helps in providing uality heath system caSne in Electronic Hea th re cords improved data access to both patients anol doctorg. EHR helped in acconting health data by vanious health cane providers Securily is increased to reduce theft of data by using blockchain and this incresed secuonity and privacy Many hea Hh - tra cki ng app ane improving Equipments and -lechnology increased the guality of cane by providing ths the stay of the patient in hos pitals an decreased Coropudenized sytems providing ewor les patient dlata which ane used in providing helping in our hea lIth Cane Artificial intelligence and HI ane usedd in procesing the olata faster and ane coming up with vanious way to treat the alisease Robotics asne used for peforming tasks in hea lth cas1 e With the help of intexnet conform our diseases and coay of treatments we ane a6le to

The technology development helped reduce cost by knowing the information of the patient with the help of EHR and equipment help us to know the correct diagnosis and vaccines are used for preventing the diseases which helped in providing quality care as well as reduce in cost.