Cost And Quality In Health Care Essay

803 Words2 Pages

The meaning of quality is “the right care for the right person at the right time”. Quality can be well-defined as the value, efficiency, consistency, and outcome of the care being provided. The Center for Medicare and Medicaid Service’s (CMS) stated “an rise in health care spending from $2.34 trillion in 2008 to $ 2.47 trillion in 2009, the largest one year increase since 1960” (Pickert, 2010). “The action to improve the American health care delivery system as a whole, in all of its quality dimensions such as efficiency, effectiveness, equitability, timeliness, patient-centeredness, and safety for all Americans” (IOM, 2011). This paper aims to find out the relationship between cost and quality relating to health care. Relationship of Cost and Quality in Healthcare “Americans are not healthier than some of the other developed nations, regardless of these extensive costs” (WHO, 2007). “Almost 40 million Americans are uninsured and about 18% of Americans under the age of 65 receive half of the recommended healthcare services” (Goldman, and McGlynn, 2005). “Though, quality of care was …show more content…

For example, in Colorado State, 77% of spending accounted for high-cost antibiotics, while 20% spending was noted in the use of low-cost antibiotics for pediatric population for the most common infection like Otitis Media. AHRQ revealed that “the same rates of the second course of antibiotics by expending less expensive antibiotics, thus saving Medicaid nearly $400,000 for Colorado” (AHRQ, 2002). American-Academy of Pediatrics recommends usage of less expensive antibiotics for treatment of Otitis Media as a result of the growth of this research. AHRQ is helping the research to assess the quality and lessen costs in health care

Open Document