Please help me create a good conclusion for this paper below: In all industries,

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Please help me create a good conclusion for this paper below:

In all industries, competition among businesses has long been encouraged as a mechanism to increase value for patients (Rivers & Glover, 2008). In other words, competition ensures the provision of better products and services to satisfy the needs of customers (Rivers & Glover, 2008). Traditional competition in health care involves one or more elements (e.g. price, quality, convenience, and superior products or services); however, competition can also be based on new technology and innovation (Rivers & Glover, 2008). A key role of competition in health care is the potential to provide a mechanism for reducing health care costs (Rivers & Glover, 2008). Competition generally eliminates inefficiencies that would otherwise yield high production costs, which are ultimately transferred to patients via high health service and delivery costs (Rivers & Glover, 2008). Quality measurement can be used to improve our nation’s health care system even though when it comes to cost effective care issues the proper goal for any health care delivery system is to improve the value delivered to patients.

Providers, payers, patients and employers are all considered stakeholders in the healthcare industry. Each stakeholder has a different role within the healthcare industry. Providers want to provide the best service using the most accurate and newest tests and treatments. Payers want the providers to follow a clear, evidence based, diagnostic plan and reach an accurate diagnosis and treatment plan with the fewest visits and least amount of tests performed. Patients expect an employer to offer a wide variety of options for health coverage that can be customized to their specific needs. Lastly, employers want to maintain or lower their cost contribution (What if quality improvement, 2014).

Skyrocketing costs have made consumers savvier and more demanding when it comes to their health care. Furthermore, patients look for personable care when seeking medical attention. The PwC Health Research Institute conducted a survey in regards to what patients look for from their providers. The survey results stated that a consumer is 2.6 times more likely to consider personal experience when choosing a doctor or hospital. Additionally, recommendations from peers are twice as important when making health-care decisions as in any other industry. Close to 75% of the consumers surveyed ranked provider reputation and personal experiences as the top reasons to choose a doctor (Fuscaldo, 2012).

Each stakeholder was affected when Obama signed the healthcare reform into law in 2010. Patients are having to struggle through the worst economic downturn in eight decades and grappling with higher health insurance premiums and out-of-pocket costs, the public cut its medical spending and ended 2010 evenly divided about reform, four in 10 viewed it favorably; four in 10 viewed it unfavorably, according to a December Kaiser Health Tracking Poll (Cafasso, 2011). Out of pocket expenses for medical care are the expenses that are not reimbursed by insurance companies. These costs include charges such as deductibles, coinsurance, and copayments for covered services in addition to costs for services that aren't covered by the insurance company. For the past year or two, most employers have kept wages stagnant while passing along sizable premium increases to workers. Now most employers are turning to consultants to get help in understanding the law, complying with new reporting requirements and communicating changes to employees (Cafasso, 2011).

When it comes to cost effective care issues the proper goal for any health care delivery system is to improve the value delivered to patients. Patients should always come first in terms of value and customer service. Value in health care is measured in terms of the patient outcomes achieved per dollar expended. The value is what matters as opposed to the volume of patients or the number of different services provided. More care and more expensive care is not necessarily better care. Furthermore, better measurement of outcomes will, by itself, lead to significant improvements in the value of health care delivered, as providers’ incentives shift away from performing highly reimbursed services and toward improving the health status of patients (Kaplan & Porter, 2011).

In health care today medical technology including minimally invasive surgery does not have any morals. Instead, the morality revolves around when and how healthcare workers utilize technology. There are two main things that are involved in the ethical aspect of medical technology, its proven efficacy and safety for patients. It is very important that all healthcare workers are trained properly when new technology is introduced to any healthcare facility.

Proven efficacy and safety are two things that go together when it comes to medical technology today. Safe and efficient medical technology can be described as something that works properly and does not cause harm to a patient. As with efficacy, several factors must be specified when risk and safety are discussed. The medical problem for which the technology being evaluated is applied must be specified, not only because the medical problem or condition of the patient will often affect the action of the technology and thus the associated risks, but also because the judgment of acceptable risk depends on the type and severity of the medical problem (Santilli & Vogenberg, 2015).

How can access, quality, and cost effective care be brought together for the benefit of all stakeholders mentioned above? One way is allowing patients to become more informed consumers in the healthcare industry. Patients today can afford to focus narrowly on their own concerns, learning only about their condition, they have the possibility of ultimately becoming “consumer specialists.” In addition, all patients have the inherent knowledge of their own symptoms and the experience of living with a disease that physician’s lack (Calabretta, 2002).

Explanation / Answer

Conclusion :-

This paper throws light on the aspects of the Health Care Delivery System. It states that when seeking medical attention, patients consider recommendations from peers, personal experiences, reputation, etc. In today's competitive world, health care systems should use safe and efficient medical technology that is harmeless to the patients. They should be ethical. They should ensure to provide better products and services to the needs of the customers as" Customer is the King." They should provide cost effective care issues and should improve the value delivered to the customers.

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