Health System Issues: Return on Investment for Solutions

Health System Issues: Return on Investment for Solutions Term Paper example
Masters
Term Paper
Nursing
Pages 11 (2761 words)
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The health care system is currently facing considerable inflation and budgetary problems at the local and funding levels. The study takes a return on investment approach through cost analysis to determine the likely benefits of implementing new systems and processes to improve health care delivery…

Introduction

The Institute of Medicine identifies that nearly one million patients are injured by medicinal errors and 100,000 patients die as a result each year (Hook, Pearlstein, Samarth & Cusack, 2009). Errors occur as a result of improper physician ordering of medicines, illegible documentation, and actual dispensing as a result of human error. The costs of adverse drug scenarios cost the health care industry, as a whole, two billion dollars every year (Hook, et al.). Some hospitals and clinics have developed training education that improves physician handwriting and analysis, however these errors continue to be a liability problem for executive leadership and impose concerns over job security for some health care professionals.
In relation to organizational structure, hospitals have a difficult time today streamlining job function to avoid redundancies. This is especially important when the costs of labor continue to skyrocket in today’s recession economy. It is necessary to facilitate quality health care to have a structure where job roles are clearly identified and each activity as it relates to physicians and nurses is not superfluous and excessively repeated. For instance, when inefficient workflow occurs, patients can be over-medicated or the supply chain costs can rise significantly when over-use of hospital tools and medicines occurs. ...
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