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How can the transparency of price, quality, and safety change the way a consumer selects health care choices?

Discussion question

  • How can the transparency of price, quality, and safety change the way a consumer selects health care choices? Cite a current example of transparency in the health care industry. When it comes down to the transparency In the price , quality and safety brings impact customers in various ways . They are- Informed choices- patient and their families can make informed choices while selecting any health care plan or hospital.
  • How do consumer decisions affect leadership decisions and organizational directions? easy-to-understand formats (Families USA, 2014).”Consumer decisions affect leadership and decisions and organizational directions by taking charge of their healthcare in a new way. Readily accessible data and information allow patients to have open dialogues with their doctors about diagnosis and treatment options (Santilli & Vogenberg, 2015).Value-based programs reward health care providers with incentive payments for quality of care they give to people with Medicare, while reducing costs by aligning reimbursement with quality of care and patient outcomes (Porter & Lee, 2013). investing in care coordination, prevention, and population health management (Berwick et al., 2018)

Reference :

Berwick, D. M., Nolan, T. W., & Whittington, J. (2018). The triple aim: care, health, and cost. Health affairs, 27(3), 759-769.

Santilli, J., & Vogenberg, F. R. (2015).

Porter, M. E., & Lee, T. H. (2013). The strategy that will fix healthcare. Harvard business review, 91(10), 50-70.

  • Provide in-text citations from no fewer than 3 scholarly sources for this reply to support your perspective on this issue.
  • Provide a complete properly formatted reference list at the end of the post.

 

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