How can the patient and the health care provider work together to reduce cost an

Question

How can the patient and the health care provider work together to reduce cost and improve health care outcomes? Both the position of the consumer and the service provider should be included, demonstrating how the two parties can establish mutual economic benefits. (500 words)

Economic theory must be incorporated, explaining how it has influence on the mutual relationship potential between patient and service provider.

Recommendations should be included as to how to create mutual economic health care relationships.

Explanation / Answer

Patient and Healthcare provider have a very strong relationship in terms of maximizing benefit profit for the organisation as well as having greater care for the patient. Buy implementation of profit systems in the organisation and a patient complying with the standard of the organisational records as well as working with the Healthcare provider to maintain a strong Healthcare record would be very beneficial for both of the parties to maintain High Quality Services. This type of approach would reduce The Light Between obtaining the same data about the patient every time and reduce the overall cost in operation for the health care service provider. As the operational cost is reduced the overall effect of lakme event would benefit the company to maximize their profit and also provide a positive approach for the organisation to maintain High Quality Services for its patients.

Dissolution would include maintenance of the electronic records which can be used for previous data of patients as well as creating high quality training programs for the employees to give the correct information to the patient about the specific training program. Maintenance of the high quality training good benefit your organisation by neglecting possible gaps between different events as well as time wasted in collection of the data regarding the patient.

By collaborating with different medicine providers overall cost in provision of the medicine towards the patient can be widely reduced. Limiting the number of insurers and availability of different aspects of providing insurance capabilities to the patient and giving out proper information would also be beneficial for the organisation as well as patient to maintain high profits from the both sides. Approaches would definitely enable both service provider and patient to obtain high quality service and to maximize their profit in establishing mutual economic benefits for both service provider and patients as well.

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