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NURS FPX 6612 Assessment 4 Cost Savings Analysis

Struggling with “NURS FPX 6612 Assessment 4: Cost Savings Analysis”? Do My Course can provide the help you need.

Care Coordination Can be Cost Saving

Care coordination can contribute to cost reduction in a variety of ways. First off, healthcare providers can cut costs by avoiding needless duplication of services and lowering the likelihood of medical errors by offering coordinated care (Rawlinson et al., 2021). Second, while readmissions can be a major source of medical costs, care coordination can assist shorten hospital stays and avoid them (Kripalani et al., 2019). Thirdly, care coordination can lessen the need for costly procedures and treatments by offering early interventions and preventative care.

Care coordination also has underlying presumptions. The idea that coordinated care might enhance patient outcomes and lower the chance of medical errors is one way to save money. It also makes the assumption that providers can efficiently obtain the tools and assistance required to coordinate treatment across various venues and providers. Care coordination can result in significant cost savings and improve patient outcomes, according to a synthesis of the research (Phua et al., 2020). Research has demonstrated that care coordination can enhance patient satisfaction, lower ED visits, and prevent readmissions to hospitals. Additionally, it has been shown that care coordination reduces costs in a variety of healthcare settings, such as primary care, specialist care, and long-term care.

In the interim, a potential tactic for reducing healthcare costs and enhancing patient outcomes is care coordination. It is predicated on the availability of resources and assistance to promote coordination and necessitates cooperation and efficient communication amongst healthcare providers. Care coordination can be a useful strategy for lowering healthcare costs and enhancing patient outcomes with the right infrastructure and resource investments.

Care Coordination Improves Health Consumerism and Outcome

In order to provide healthcare, care coordination is essential. It helps to improve and promote health consumerism and has a favorable impact on health outcomes. In order to enable the proper provision of healthcare services, it refers to the purposeful planning of patient care activities among healthcare professionals, such as doctors, nurses, pharmacists, social workers, and others. Ensuring that patients receive high-quality, timely, and effective care in line with their preferences, requirements, and goals is the main objective of care coordination (Squitieri et al., 2020).

The improvement of patient outcomes is one of the main advantages of care coordination. Healthcare professionals can better meet patients’ complex medical, social, and emotional requirements by collaborating, which lowers the chance of unfavorable events and enhances health outcomes. A care coordinator, for instance, can assist patients in managing several chronic illnesses, making sure they receive timely and appropriate treatment, such as medication management, routine checkups, and preventive services. This can enhance the patient’s general health and well-being by preventing problems and lowering the need for expensive hospital stays.

NURS FPX 6612 Assessment 4 Cost Savings Analysis

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Another benefit of care coordination is better health consumption. According to Bombard et al. (2018), patients who receive integrated care are more likely to feel empowered and involved in their healthcare decisions. This can lower healthcare expenditures, improve health outcomes, and raise patient happiness. A care coordinator might, for instance, collaborate with a patient to create a thorough care plan that incorporates information on the patient’s illness, techniques for self-management, and support services. As a result, it eventually aids patients in improving their general health literacy, actively participating in their healthcare, and making well-informed decisions regarding their care (Sum et al., 2023).

Enhancing data gathering and analysis is another benefit of care coordination. Healthcare providers can improve care coordination and quality of care by collaborating to more efficiently gather and exchange patient data. Electronic health records, for instance, can be used by a care coordinator to keep track of patient data, spot possible issues, and track advancement over time. This can lessen medical errors, encourage evidence-based procedures, and pinpoint areas that need improvement.
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