Assess The Value Of Healthcare Professionals And Decision

1660 WordsJan 26, 20177 Pages
Assess the value of healthcare professionals and decision makers understanding the discipline of health economics. Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It is not the only consideration but it is an important one and practitioners will need to have an understanding of its basic principles and how it can impact on clinical decision making. Health economics is the discipline of economics applied to the topic of health care. Broadly defined, economics concerns how society allocates its…show more content…
Unnecessary services are provided far too often because there is little coordination across sites or among providers, yet care management, cross disciplinary care, and preventive care are often uncovered or poorly reimbursed. Notably, 45% of the U.S. population have chronic conditions requiring care management. Of this population, 60 million, or roughly half of those with chronic conditions, have multiple conditions. Current care delivery systems are not designed to support the care of these complex patients, which requires multiple providers and services. Systems engineering focuses on coordination, synchronization, and integration of complex systems of personnel, information, materials, and financial resources. This is achieved through the application of mathematical modeling and analysis techniques.. Although drawing direct parallels between other economic sectors and health care delivery is problematic, many functions common to both have been significantly improved in other sectors through engineering analysis. These include inventory control and logistics, scheduling, operations management, project planning, facilities design, process flow analysis, resource synchronization, engineering economic analysis, and many others. It is beleived that these engineering approaches, properly modified and applied, can provide similar high-level impacts in health care delivery. Health care delivery systems are examples of event-based systems. The
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