KByrd-HCA320-Assignment 4.docx - 1 Patient Safety and...

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1 Patient Safety and Healthcare Costs Kellie Byrd Aspen University Healthcare Policies and Economics HCA320 Dr. Robert Wade May 10, 2021
2 Patient Safety and Healthcare Cost With the changing roles in healthcare, we need to look at the patient’s experience in healthcare to improve the quality, safety, and healthcare costs in today’s healthcare industry along with look at recommendations of the Joint Commission. The triple aim initiative is one way we can learn to apply initiatives that will allow us to improve the quality, safety, and satisfaction the patient’s experience in the healthcare settings. These would need to be initiatives that would bring about contributions not only to quality, safety, and patient experience but would be cost effective, while still improving the patient’s experience in care and safety. Also, among the front-line nursing staff there are many practices that could apply to minimize medical errors that we will explore. The Triple Aim Initiative Established by the Institute for Healthcare Improvement in 2013, the Triple Aim Initiative has three goals; to improve the patients’ experience of care, to improve the health of the population, and to reduce the per capita cost of healthcare. When an organization or practice can attain their goals of the Triple Aim, they have many advantages in the healthcare industry. They can better identify problems with patients sooner and provide solutions that can be seen and obtained outside of an emergency or acute care setting. This allows for more coordinated care for patients and for the industry to be more competitive and help reduce the per capita cost of healthcare. By coordinating with the community and caregivers, the industry strives to build a more patient centered experience with an eye towards improving safety, care, and cost. Quality measurement is a basic cornerstone of all health and social support programs, as it allows monitored access to appropriate services, thus creating accountability—a key tenet in the new value-based payment systems under the Triple Aim[ CITATION Gag15 \l 1033 ].
3 Over time as healthcare improved, the patient became seen as whatever acute condition brought them into the hospital or acute care setting. While they got more sophisticated treatment and more specialized care with specialized physicians many times personal care got thrust to the wayside. When there were issues concerning the patient’s health that did not directly impact the

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