Review of Literature_Healthcare Industry and Reform.docx

Percent to annual cost increases and controlling this

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percent to annual cost increases, and controlling this technology is the most important factor to reducing them” (Kumar, Ghildayal, & Shah, 2011, p. 381). Information technology must be linked to not only improving quality of care but watching costs at the same time. It’s like we are buying a computer in 1960, which back then was the size of a room and worth a million dollars, we have to find ways to reduce IT costs quickly and efficiently while fixing the healthcare industry. “Many experts agree, the real problem with healthcare is not the lack of money, technology, information or even people, but the lack of an integrated system connecting these resources, that deliver a more cost-effective care” (Kumar, Ghildayal, & Shah, 2011, p. 382). According to McLaughlin & Militello, “Success occurs with an organizational strategy that focuses on new processes and services that meet the healthcare and financial needs of a customer while disrupting the status quo. Creative disruption due to technology is inevitable” (2015, p. 161). “One general disruptive approach is to consider the system from the standpoint of the interaction between patient and provider and then create a system of the suppliers of goods and services that support the core interaction” (McLaughlin & Militello, 2015, p. 161). Change is key to having a future for the American healthcare system, the only way to embrace change is by embracing technology at the core. According to Poplin, In the past few decades, science and technology have profoundly altered the health care landscape. First, by the application of vastly improved medicine, most illnesses have been transformed from acute to chronic: think heart disease, cancer, even HIV/AIDS. Instead of dying from these diseases, people now live with them, often by taking expensive medication for life. Moreover, the old chronic diseases, diabetes, rheumatoid arthritis, cystic fibrosis, multiple
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Review of Literature: Healthcare Industry and Reform 15 sclerosis, respond so well to new treatments that those patient, too live much longer, maybe even a full life span, on medication. (Poplin, 2008, p. 516) There are critical elements to success in the IT area in healthcare, as Kaufman reports “clinically integrated network includes primary care-based medical homes, digitally connected electronic medical records with point-of-care protocols, disease management programs, relationship with post-acute provides, and a culture committed to improving the cost and quality of care for patients rather than to maintaining individual provider income and autonomy” (Kaufman, 2011, p. 166). Instead of waiting on the bubble to burst, organizations who are ahead of the curve, much like the housing market in 2008, will be the ones to survive. They should focus and prepare on “meaningful transformation into provider systems comprising data-driven, digitally connected, physician led teams consistently delivering evidence-based, patient-centered healthcare” (Kaufman, 2011, p. 167).
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  • Spring '10
  • Dr.Thomas
  • Health care in the United States, Healthcare Industry and Reform

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