Financing Health Care in the United States.
How do the rapid and dynamic changes in financing impact health outcomes within your practice? How do evidence-based practice (EBP) and interprofessional partnerships in nursing help to manage the constant changes in health care financing? In what ways can an understanding of health care financing better equip nurses to be more effective advocates? Note Initial Post: A 3-paragraph (at least 350 words) response.
Be sure to use evidence from the readings and include in-text citations. Utilize essay-level writing practice and skills, including the use of transitional material and organizational frames. Avoid quotes; paraphrase to incorporate evidence into your own writing. A reference list is required. Use the most current evidence (usually less than or equal to 5 years old). Please Please Please make sure its a nursing based paper and also follow the exact instructions.Financing Health Care in the United States.
Financing Health Care in the United States
Healthcare organizations need financial resources to achieve their goals of high-quality care and positive health outcomes. Therefore, dynamic and rapid changes in financing healthcare impact various aspects of nursing practice. For example, the sudden withdrawal of funds for certain healthcare programs may adversely affect the health outcomes for the patients supported by such programs. According to Akinleye et al (2019),sudden changes in financing healthcare may lead to financial distress in healthcare organizations and this may result in poor patient experience of care, poor quality care, and increase readmission rates.Financing Health Care in the United States.Financing Health Care in the United States.
Evidence-based practice (EBP) can be used to track potential changes in healthcare financing. Moreover, healthcare organizations can conduct quality improvement initiatives based on EBP to adopt cost-effective practices (Moss et al., 2016). Through EBP, practice recommendations that avoid unnecessary costs can be implemented. For instance, adopting EBP changes likely to reduce the rate of hospital-acquired infections may lead to reduced healthcare costs. With reduced healthcare costs through EBP, healthcare organizations can manage the changes in the financing of healthcare. In addition, interprofessional partnerships can increase the efficiency of care, improve the quality of care, and reduce operational inefficiencies and workflow redundancies (Moss et al., 2016). All these aspects lower healthcare costs and thus interprofessional collaborations can help healthcare organizations manage changes in healthcare financing as they can withstand even reduced financing due to their reduced operating costs. Financing Health Care in the United States.Financing Health Care in the United States.
Nurses need to understand healthcare financing because their performance affects the financial health of their organizations (Dieleman et al., 2016). With the rapid and dynamic changes in healthcare financing, nurses need to be advocates of high-quality care and implementation of EBP programs that lead to reduced healthcare costs. Nurses also need to understand how to prevent readmissions through their performance in order to reduce healthcare costs.Financing Health Care in the United States.