Monday, November 23, 2015

Making the Healthcare system more accountable and efficient

The healthcare model of the 21st century requires a radical change because of the gradual increase in the medical expenses. Every year people pay huge premiums toward medical insurance. Currently, the predominant payment mode for patients is fee for service. Doctors charge separately for each procedure. Patients have to pay every time they access these services. It is a huge drain on resources; therefore, new healthcare payment models have come into existence to address the imbalance and duplicity. One of the best models is the accountablecare organization (ACO) model. Under this scheme, different hospitals, clinics, and physicians combine to share quality, treatment and care for a large segment of the population to eliminate duplicate tests and overlapping care.

The role of modern healthcare is to improve the well being of people:

  • Apart from the payment method, the new approach to healthcare will go a long way in carrying out sepsis prevention
  • Big data in healthcare facilitates the analysis of the historical information in detail to understand which group of people is most vulnerable to disease
  • After identification, doctors design the treatment plan as per the medical history of the patients
  • Advance analytics pinpoint the individuals who have higher chances of falling prey to chronic diseases
  • Prevention is better than the cure is an old saying that perfectly fits the modern healthcare scenario. Instead of waiting for the disease to become worse, doctors can start the treatment in early stages to save the patient’s life. For example, predictive analytics applications can also accurately predict whether an individual is vulnerable to pressure ulcers. Doctors can take immediate steps to prevent the occurrence and worsening of the problem





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