gc best practices_miteshpatel_q6

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Best practices can be expensive – is it ethical for doctors or hospitals not to adopt them because they are unaffordable or to deny best practices to patients who are uninsured or underinsured? Health care costs continue to escalate rapidly. It is not feasible for providers to continue to practice medicine without be conscious of its cost. Hospitals and providers must look for ways to provide more high-value, cost-conscious care that does not focus solely reducing cost but rather on providing better value to patients The Affordable Care Act will help to expand health insurance coverage in the US. Providers must do their part to focus their care on creating value and part of this is being cost-conscious Our research group has found that providers are searching for the opportunity to provide such care and are in need of better tools to do so. That’s why we created the VALUE Framework as an innovative tool that providers can use at the bedside Question 6

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Page 1: Gc best practices_miteshpatel_q6

Best practices can be expensive – is it ethical for doctors or hospitals not to adopt them because they are unaffordable or to deny best practices to patients who are uninsured or underinsured?

Health care costs continue to escalate rapidly. It is not feasible for providers to continue to practice medicine without be conscious of its cost.

Hospitals and providers must look for ways to provide more high-value, cost-conscious care that does not focus solely reducing cost but rather on providing better value to patients

The Affordable Care Act will help to expand health insurance coverage in the US. Providers must do their part to focus their care on creating value and part of this is being cost-conscious

Our research group has found that providers are searching for the opportunity to provide such care and are in need of better tools to do so. That’s why we created the VALUE Framework as an innovative tool that providers can use at the bedside

Question 6