describe the relationship between health care cost and quality. Address the following:
Analyze current and projected initiatives to improve quality while simultaneously controlling costs. Describe any unintended consequences.
Synthesize implications for staff nurses and advanced practice nurses, including evidence-based practice, relative to cost and quality.
HEALTH CARE COST VS. QUALITY
-Health care is extremely costly in the United States.
-US ranked 36th in the world for life expectancy and ranks poorly
on other indicators of quality.
-Evidence of the direction of association between health care cost
and quality is inconsistent.
- improvements in quality will require increases in cost; On the
other hand, improvements in quality could lower costs by reducing
hospital readmissions.
- The Patient Protection and Affordable Care Act mandated that the
Institute of Medicine further study the issue of geographic
variation in cost and quality.
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