Hsc0003 Health Care For Volume-Based Assessment Answers
Question
How might health care executives choose a value-based care model for their organization? What would you, as a current or future health care executive, need to consider in making this choice? Are there other leaders within your organization who you would want to involve in making this decision?
Questions such as these are critical for your role as a current or future health care executive. Ensuring that your organization makes the best choice of a value-based care model, while informing the board of directors and other departments, is a critical responsibility of your role. Practice in developing executive briefs that may be presented to the board of directors for a health care organization is meaningful in helping guide necessary and sufficient information to enact initiatives for health care delivery.
For this Assignment, review the resources for this week. Consider how you, as a current or future health care executive would choose a value-based care model for your health care organization. Reflect on those key points that you would highlight as most critical in an executive brief for your board of directors.
- Write an executive brief that you would present to the board of directors that highlights your choice of value-based care model. Provide your rationale for choosing this model over others for your organization.
- Be sure to incorporate feedback and recommendations suggested by your colleagues in this week's Discussion.
Answer
Healthcare organizations have to be careful when selecting the type of value-based model as it determines the quality of services that they provide to their patients. In value based care, the doctors and other involved personnel are rewarded for helping people stay healthy and improving the state of those suffering from severe conditions (Porter, 2009). Medical personnel usually get appreciated and motivated when they have appropriately performed their duties by offering their patients excellent services. It is therefore possible that they work harder and more effectively as they expect something in return. There are several models of value based care whose implications to the health sector are all directed towards improving the types of services provided in hospitals. These models however differ in effectiveness, procedure of implementation and costs involved. Different managers would therefore consider the kind of model that favors the organization the most.
As an executive, I would have put several considerations before deciding on the type of healthcare model to adopt in my organization. Some of the important factors include the costs involved and the quality of services it gives to the client (Porter, 2009). Cost is the most crucial as the value based models largely depend on funds to ensure that the implementation of the organization’s goals. It is always good to find out the number of patients involved in correspondence to the medical professionals available and allocate resources accordingly. A doctor should not feel over burdened in their duties and therefore the need to look into the rewards provided.
Accountable care organization is a good strategy as it pays the medical professionals and hospitals for improving the quality of health care in their institutions. In this case, the board is sure that even if they spend more, it will come after the improved quality of services delivered (Cropley, 2012). There is a greater chance of people performing better at their jobs when they expect some kind of appreciation especially payments. Other members of the board like the Chief Financial Officer, head of the human resource and many others should also take part of the decision. They are to determine the appropriate method in consideration with the state of the department that they hold. Each decision or point mentioned by any of these executives is important in making the final conclusions considering what affects the organization most.
The board members including the CEO, CFE and heads of other crucial departments in our organization agreed to reward quality with finances and motivate the medical professionals to do a better job. They had different views about the type of valued based model that we should adopt with some considering patient based while others are settling for accountable care. I could, however, recommend a combination of the two because while one is focusing on the patient, the other one looks at the professional’s effort (Cropley, 2012). If the doctor is appreciated, then they will be able to focus on the patient and hence deliver quality healthcare services.
References
Cropley, S. ( 2012). The relationship-based care model: Evaluation of the impact on patient satisfaction, length of stay, and readmission rates. . Journal of Nursing Administration , 42(6), 333-339.
Porter, M. E. (2009). A strategy for health care reform—toward a value-based system. New England Journal of Medicine, , 361(2), 109-112.
