Visually Representing Health Care Concepts In this weeks Ass ✓ Solved

Visually Representing Health Care Concepts In this week’s Assignment, you will develop a visual description (e.g., infographic, pamphlet, presentation, brochure, etc.) of health care concepts that you will revisit throughout this course. Mainly, the focus will be on defining what value-based care means, describing the six elements of value-based care, and describing the six Institute of Medicine’s IOM Aims. The purpose of this Assignment is to check your understanding of these concepts by being able to describe them in a relatable way. To prepare for this Assignment: Review this week’s Learning Resources. Select a visual medium that you would like to use to present the definitions and descriptions that address the Assignment criteria.

If you are unfamiliar with this medium, locate resources that provide advice on developing them Submit a visual representation of the following: Define value-based healthcare based on at least two sources from this week’s Learning Resources. Describe the six elements of the value-based care model (as defined by the Harvard Business School Institute for Strategy & Competitiveness Links to an external site. ): Organize care around medical conditions Measure outcomes and cost for every patient Aligning reimbursement with value Systems integration Geography of care Information technology Describe the six Institute of Medicine (IOM) Aims (safe, effective, patient-centered, timely, efficient, equitable). (This is the link for the six elements of the value-based care model (as defined by the Harvard Business School Institute for Strategy & Competitiveness Links to an external site.)

Paper for above instructions

Introduction

Healthcare systems around the globe are transitioning from volume-based to value-based care (VBC) models. The objective is to achieve better outcomes for patients while controlling costs, improving access, and aligning provider incentives with overall system goals. This assignment explores the concept of value-based healthcare, its six core elements as defined by the Harvard Business School Institute for Strategy & Competitiveness, and the six aims of the Institute of Medicine (IOM) to improve hea...

Definition of Value-Based Healthcare

Value-based healthcare is a delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. According to Porter and Lee (2013), value in healthcare is defined as the health outcomes achieved per dollar spent. The emphasis is on providing the best care rather than the most care. Under this model, providers are rewarded for helping patients improve their health, reduce the effects and incidence of chronic disease, and live healthier lives in an evide...

According to the Centers for Medicare & Medicaid Services (CMS), value-based programs are important because they support efforts to improve healthcare quality and control costs. By focusing on value, healthcare systems encourage coordinated care, transparency, and patient-centered approaches (CMS, 2021).

Six Elements of the Value-Based Care Model

  1. Organize Care Around Medical Conditions: This element focuses on restructuring healthcare delivery around patient medical conditions or needs instead of specialties or service lines. For instance, a heart failure clinic that integrates cardiology, nutrition, and physical therapy services is better positioned to manage the full cycle of care and improve patient outcomes.
  2. Measure Outcomes and Cost for Every Patient: Outcome measurement is vital to assessing the effectiveness of care and guiding improvements. Cost tracking ensures that resource use is appropriate. Transparent data help providers compare performance and identify opportunities for efficiency and quality enhancements.
  3. Align Reimbursement with Value: Traditional fee-for-service (FFS) models encourage quantity over quality. By transitioning to bundled payments or pay-for-performance models, reimbursement becomes aligned with health outcomes rather than service volume, thereby incentivizing providers to deliver effective and efficient care.
  4. Systems Integration: Coordinated care delivery across the entire continuum—from primary care to specialized treatment and rehabilitation—is essential. Integration facilitates communication among providers and ensures smooth transitions, avoiding duplicative or fragmented services.
  5. Geography of Care: Locating services in ways that ensure timely access to comprehensive care is crucial. Strategic placement of specialty centers and satellite clinics, as well as the expansion of telehealth, ensures that patients in both urban and rural areas can receive high-quality care.
  6. Information Technology: Robust health IT systems enable better data sharing, decision-making, and care coordination. Tools like Electronic Health Records (EHRs), clinical dashboards, and telemedicine platforms empower providers and patients with timely and accurate information.

Institute of Medicine (IOM) Six Aims for Healthcare Improvement

  1. Safe: Avoiding injuries to patients from the care that is intended to help them. Patient safety practices such as accurate medication administration, surgical safety checklists, and infection control protocols are central to this aim.
  2. Effective: Providing services based on scientific knowledge to all who could benefit, and refraining from providing services to those not likely to benefit. Evidence-based medicine and clinical practice guidelines are essential in this regard.
  3. Patient-Centered: Providing care that is respectful of and responsive to individual patient preferences, needs, and values. Shared decision-making, cultural sensitivity, and clear communication are crucial for achieving this aim.
  4. Timely: Reducing waits and harmful delays for both those who receive and those who give care. Improving appointment scheduling systems, increasing staffing levels, and using urgent care models can enhance timeliness.
  5. Efficient: Avoiding waste, including waste of equipment, supplies, ideas, and energy. Lean methodologies and process improvements such as eliminating unnecessary tests contribute to efficiency.
  6. Equitable: Providing care that does not vary in quality because of personal characteristics such as gender, ethnicity, geographic location, or socioeconomic status. Addressing social determinants of health and ensuring access for underserved populations support equity.

Conclusion

Value-based care represents a shift in healthcare delivery that prioritizes outcomes, efficiency, and patient satisfaction. The six elements of the Harvard VBC model provide a comprehensive framework to align care processes, while the IOM aims guide the quality improvement efforts necessary to meet modern healthcare challenges. As healthcare continues to evolve, embracing these principles will lead to better patient experiences, improved population health, and reduced healthcare costs.

References

  1. Centers for Medicare & Medicaid Services. (2021). Value-Based Programs. https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/Value-Based-Programs
  2. Porter, M. E., & Lee, T. H. (2013). The strategy that will fix health care. Harvard Business Review, 91(10), 50–70.
  3. Institute for Strategy and Competitiveness. (2023). Value-Based Health Care. Harvard Business School. https://www.isc.hbs.edu/
  4. Institute of Medicine. (2001). Crossing the Quality Chasm: A New Health System for the 21st Century. National Academies Press.
  5. Berwick, D. M., Nolan, T. W., & Whittington, J. (2008). The triple aim: care, health, and cost. Health Affairs, 27(3), 759-769.
  6. Kaplan, R. S., & Porter, M. E. (2011). How to solve the cost crisis in health care. Harvard Business Review, 89(9), 46-52.
  7. NEJM Catalyst. (2017). What is value-based healthcare? NEJM Catalyst Innovations in Care Delivery. https://catalyst.nejm.org/doi/full/10.1056/CAT.17.0558
  8. World Health Organization. (2016). Health Systems Strengthening Glossary. https://www.who.int/
  9. Agency for Healthcare Research and Quality. (2022). Six Domains of Health Care Quality. https://www.ahrq.gov/talkingquality/measures/six-domains.html
  10. Shih, A., Davis, K., Schoenbaum, S. C., Gauthier, A., Nuzum, R., & McCarthy, D. (2008). Organizing the U.S. health care delivery system for high performance. The Commonwealth Fund.