Most markets compete on the basis of perceived value and price. Increased production volumes and technology lead to lower prices. This has not been the case with hospitals which are the largest component of total health care costs. Recent studies indicate the rising costs of hospitalization contributes as much as 40% to the overall rise in health care costs.
In this assignment address the following questions:
· Past: How have hospitals competed with each other over the past decade for patients?
· Future: How do you see hospitals competing for patients ten years from now?
· Change: What is a change that could lower hospital costs?
Make sure to support your claims for each question by referencing reputable examples and resources.
Articles for Reference:
· Pauly, Mark V. “The trade-off among quality, quantity, and cost: How to make it-If we must.” Health Affairs 30.4 (2011): 574-580. https://www.healthaffairs.org/toc/hlthaff/30/4
· Walmart Expands Its Center of Excellence Program: https://thedoctorweighsin.com/walmart-expands-its-center-of-excellence-program/
· Birkmeyer, John D., et al. “Understanding of regional variation in the use of surgery.” The Lancet 382.9898 (2013): 1121-1129. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4211114/
· Mehrotra, Ateev, et al. “Evaluation of a centers of excellence program for knee and hip replacement.” Medical care 51.1 (2013): 28. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3531915/
Rubric
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Past |
Identifies ways hospitals competed for patients over the past decade and supports claims with reputable evidence |
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Future |
Identifies appropriate ways hospitals may compete for patients in the future and supports claims with reputable evidence |
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Change |
Proposes appropriate changes that could lower hospital costs and supports claims with reputable evidence |
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Writing Mechanics |
Paper is organized, professional, and contains no grammatical errors |