How can we slow down the rising cost of care?
Healthcare costs in our country are out of control.
The U.S. spends more on healthcare than any other country. Right now, we’re spending 18% of our GDP, and that’s expected to rise to 20% in the coming years. To combat rising healthcare costs, the Institute for Health Improvement (IHI) introduced the concept of the Triple Aim, a framework that the Centers for Medicare and Medicaid Services (CMS) has taken on to help optimize healthcare systems:
- Improve patient care.
- Reduce healthcare costs.
- Improve population health.
And now, as we move into the age of value-based care, healthcare leaders are discussing an extra initiative — clinician experience — essentially creating a “quadruple aim” for lower healthcare costs and better outcomes:
- Reducing reporting burdens.
- Improving physician satisfaction.
- Bringing patients and doctors together at the point of care.
Download this helpful infographic for a visual breakdown of the Triple Aim.
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