Bending The Cost Curve Of The United States - 1696 Words

Bending the cost curve. The Triple Aim is part of health care delivery reform, as part of the ACA, all derived with the ultimate goal of reducing healthcare spending in the United States. The government and organizations are still waiting for evidence on the effectiveness of Triple Aim models in improving population health, controlling costs, and improving patients’ experience of care. As of 2010, concerns regarding balanced attention to the three overarching aims, indicate that healthcare organizations may increase quality at the expense of cost, or alternatively, they may decrease cost while creating a dissatisfying experience for patients (McCarthy and Klein, 2010, p. 1). All the while, healthcare spending costs in the United States†¦show more content†¦Ã¢â‚¬Å"Attention should be given to assessing the impact of new methods of organizing the delivery of health care services, adoption of electronic information systems, and health reform provisions that will test and reward health care organizations that are accountable for achieving better outcomes, higher quality, and lower costs† (Davis, 2012). Only collaboration between payers and physicians, with a focus on improving the health outcomes of patients will bend the projected cost curve set forth. Organization success. The IHI’s Triple Aim initiative has been deployed internationally, and began yielding successful results soon after its’ initiation in 2010. McCarthy and Klein (2010) indicate: Exemplary results at the study sites have included enhanced access to care, high or improving satisfaction with care, and increases in preventive care, chronic disease management, and healthy behaviors. These improvements have contributed to lower use of resources such as the hospital and emergency department, and to lower overall costs of care for defined populations (p. 7). After 7 years of various organizations attempting, and in most cases successfully implementing the Triple Aim, it has become evident to the IHI that there are particular components that must be closely adhered to in order to reach the desired results. These components, which enhance the program theory for achieving the Triple Aim and form a basis for future testing,