Catherine Owens

Topic: Assessment of Healthcare Products Pricing to Determine Affordable Healthcare Improvement Measures.

Research Problem: There have been issues attempting to provide affordable healthcare for different persons based on their medical problems and the types of conditions they suffer. Many patients do not understand the pricing procedures used for other healthcare improvement measures (Benvidez & Frakt, 2019). The issue worsens when there are different medical procedures that a client requires to go through. Healthcare expenditure occurs for trillions of dollars in the U.S. population since various chronic illnesses, and normal illnesses need to get managed or get fully treated (Branning & Water, 2016). The issue of healthcare pricing has constantly been a problem as all healthcare departments work with different persons that are experienced in diverse healthcare improvement methods. All healthcare departments have to explain pricing procedures to clients to eliminate problems when creating better patient improvement methods.

Depending on patients’ issues, the price of medicine is another critical consideration that gets studied when creating hospital improvement measures (Borges dos Santos et al., 2019). Improvement of patient conditions is dependent on the value of pharmaceutical products and how well they can manage patient conditions. The procedure involved in handling all internal patient improvement measures requires constant assessment by healthcare providers to ensure the patients’ needs improve when they receive treatment. Access to Medicare and Medicaid is another critical consideration when healthcare providers seek to provide high-standard care to patients (Lee et al., 2019). The study of how Medicare works for different patients and conditions is thus an imperative consideration.

Creating social changes in healthcare is an imperative consideration for generating better patient management and reduction in hospital stays. The ability of patients to gain better outcomes from hospitals would be possible by ensuring access to different healthcare improvement methods and the ability to create a conducive environment for treatment (Naberhuis et al., 2017). The study of how patients respond to healthcare is thus a critical consideration when attempting to generate better care. All healthcare providers have to study patients' activities and connect their symptoms to suitable care improvement measures.

Research Question:

            1. How do healthcare providers determine the impact of high cost of healthcare and attempting to promote treatment for patients?

            2. What is the connection between negative impact of high pricing of healthcare and mortality rate?

            3. How can patients ensure they always afford healthcare measures depending on their conditions?  

Reference

Benavidez, G. & Frakt, A. (2019). Price Transparency in Health Care Has Been Disappointing, but It Doesn’t Have to Be. JAMA 322(13):1243–1244. doi:10.1001/jama.2019.14603.

Borges dos Santos, M.A., dos Santos Dias, L.L., Santos Pinto, C.D.B. et al. (2019). Factors influencing pharmaceutical pricing - a scoping review of academic literature in health science. J of Pharm Policy and Pract 12, 24. https://doi.org/10.1186/s40545-019-0183-0 .  

Branning, G. & Vater. M. (2016). “Healthcare Spending: Plenty of Blame to Go Around.” American health & drug benefits vol. 9,8: 445-447. Retrieved 2 July 2021 from  https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5394555/ .

Lee, Y, Mozaffarian D, Sy S, Huang Y, Liu J, Wilde PE, et al. (2019) Cost-effectiveness of financial incentives for improving diet and health through Medicare and Medicaid: A microsimulation study. PLoS Med 16(3): e1002761.  https://doi.org/10.1371/journal.pmed.1002761 .

Naberhuis, J.K., Hunt, V.N., Bell, J.D., Partridge, J.S., Goates, S., & Nuijten, M.J.C. (2017). Health care costs matter: a review of nutrition economics – is there a role for nutritional support to reduce the cost of medical health care?. Nutrition and Dietary Supplements. 9:55-62 https://doi.org/10.2147/NDS.S126232 .