The Elements Of A Value-Based Healthcare Assignment

The Elements Of A Value-Based Healthcare Assignment

Elements of a Value-Based Healthcare Framework
a value-based healthcare framework is a healthcare philosophy that respects the six domains of healthcare as advanced by the Institute of Medicine or IOM.
That means it is a healthcare framework that delivers care that is safe, timely, effective, efficient, equitable, and patient-centered (AHRQ, 2018)The Elements Of A Value-Based Healthcare Assignment.
According to Smith (2020),there are six elements of a value-based healthcare framework.
These elements are a clear patient-centered vision, professionalism by healthcare workers, use of innovative healthcare technologies, access to quality care, pay for performance (for quality rather than just volume), and transformational leadership style (Cheng et al., 2016; Choi et al., 2016; Holmström, 2017; Smith, 2020).

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Benefits of Value-Based Care for Patients and Populations
There are many benefits of a value-based healthcare system for patients.
First of all it fosters equity of delivery of services to patients of all walks of life. For instance, with the requirement for pay for performance, a healthcare provider will not just treat numbers but make sure they deliver quality even to the poor in the community.
It produces better outcomes for patients because it is patient-centered.
A value-based system of healthcare uses only evidence-based practice or EBP and that is why it produces better patient outcomes (Melnyk & Fineout-Overholt, 2019)The Elements Of A Value-Based Healthcare Assignment.
There is also accountability for care given to the patient. This is because the provider is expected to only provide quality care for them to be reimbursed.

Rationale for Implementing Value-Based Care in a Healthcare Organization
There is a robust rationale for implementing value-based care in a healthcare organization.
To begin with it will lead to better patient satisfaction with the services delivered.
It will also increase the number of patients following the higher satisfaction rates. word- of mouth will bring in more patients and that means more revenue.
Value-based care will lead to better accreditation of the organization by regulatory bodies such as the Joint Commission on Accreditation of Healthcare Organizations or JCAHO.
Last but not least, it will lead to better job satisfaction to the employees such as physicians and nurses as their patients will be happy and getting well sooner. This leads to better staff retention and reduced turnover intention. The Elements Of A Value-Based Healthcare Assignment

Nursing Role
One of the nursing roles in a framework of value-based care is the provision of evidence-based care alone.
This is care that qualifies as best practice.
It is care backed by peer-reviewed scholarly literature.
The literature is also current, verifiable, and reliable.

The Advanced Professional Nurse

• In a value-based healthcare framework, the advanced practice registered nurse or APRN is several things.
• They are a clinician by virtue of their education and training since they see patients, examine them, order for investigations, prescribe medications for them, and follow them up.
• They are also more importantly nurses who have the patient’s interests at heart.
• For the above reason they are also patient advocates advancing the cause of the patient.
• Last but not least they are educators for both nurses and patients. The Elements Of A Value-Based Healthcare Assignment

Summary of Current Evidence: Article #1

• This article defines value-based care in detail and why it is necessary.
• It details why improving health value matters to patients and the organizations.
• The authors stress the importance of understanding the shared needs of patients and consistently measuring outcomes.
• Partnerships are also marked as important and so they must be built as no one organization can succeed alone.

Summary of Current Evidence: Article #2
This article is about the simulation of what a value-based system would look like.
The authors compare it to a system that has several components and so it should be viewed using the systems approach.
As a system, it is complex with multiple separate parts.
To understand the framework, one has to break the system down into strata.

Summary of Current Evidence: Article #3
Chronic kidney disease has serious complications if proper renal replacement therapy is not applied.
This article considers the role of value-based care in the management of chronic kidney disease.
It considers the cost as CKD is costly to manage over time.
It considers the patient outcomes since the prognosis is grim.
It also considers the long-term complications of CKD.
In the end, it would appear that value-based care would be the best alternative for CKD The Elements Of A Value-Based Healthcare Assignment.

Summary of Current Evidence: Article #4
This article adopts a complimentary view of value-based care.
It emphasizes the place of innovations especially technological in assuring the success of value-based care.
Just like the article on the systems approach, these authors also view the framework as an assemblage of parts that work together to produce results.
In essence, value-based care is defined by interprofessional collaboration.

Summary of Current Evidence: Article #5
In this last article the authors posit that the meaning of value-based health care (VBHC) is not clear to all.
They say that there is some ambiguity as to the exact meaning of the terms.
They clarify it as standing for what may be simply described as quality healthcare and equity The Elements Of A Value-Based Healthcare Assignment.

Strategy #1

Key Stakeholders: These include the healthcare workers, the management of organizations, the authorities, regulatory bodies, boards of nursing, and the patients.

Stakeholder’s Role: The role of the healthcare workers such as nurses in implementation is to follow guidelines and the principles of evidence-based practice.

Strategy #2

Key Stakeholders: Boards of Nursing (BON).

Stakeholder’s Role: Provision of licensure, policy, and regulations to guide practice.

Method of Measurement: Reports and certification details.

Readiness Assessment Summary

• Readiness for change within the organization can be measured by a numb er of tools including the OCRSIEP tool.
• The employees must be sensitized and educated on the need for the change to value-based care system.
• To succeed, there needs to be few skeptics and almost no laggards (Dearing & Cox, 2018).

Organizational Strengths
In a SWOT analysis of the organization carrying out implementation, a number of strengths can be identified.
The first and very important is transformational leadership. This is what will guarantee success by empowering and motivating employees to deliver.
Having baccalaureate nurses and above as employees increases the chances of success as these are educated and trained on research and so understand the principles of EBP.
Having ready fiscal and material resources for the project is also a strength.
Lastly is the presence of a detailed and realistic strategic plan by the organization. The Elements Of A Value-Based Healthcare Assignment

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Organizational Opportunities for Improvement
Still on the SWOT analysis, opportunities for improvement exist. They include:
Expansion into other states or in other areas within the same state.
Joining an accountable care organization (ACO) to deliver care to patients as a group.
Harnessing better care delivery methods that are cost-effective such as telehealth.

Level of Readiness

• The level of readiness is high as demonstrated by the buy-in of the most crucial stakeholders namely the employees the management, the investors, the patients, and the creditors amongst others.

RUBRIC
A:MULTIMEDIA PRESENTATION
COMPETENT
The multimedia presentation includes presenter notes.

A1A: ELEMENTS OF VALUE-BASED HEALTHCARE FRAMEWORKS
COMPETENT
The description provides specific, accurate details about the elements of a value-based healthcare framework. Relevant examples are provided that support the description of the elements of a value-based healthcare framework.

A1B:BENEFITS OF VALUE-BASED CARE
COMPETENT
The explanation provides sufficient details and specific examples of how value-based care benefits patients and populations. The explanation covers multiple relevant benefit areas.

A1C:RATIONALE FOR IMPLEMENTING VALUE-BASED CARE
COMPETENT
The rationale contains substantial details and specific examples that influence the decision of whether to implement value-based care in a healthcare organization. The rationale is plausible. The Elements Of A Value-Based Healthcare Assignment

A2:NURSING ROLE
COMPETENT
The nursing role identified is relevant to the “WGU Nursing Programs Conceptual Model.”

A2A:THE ADVANCED PROFESSIONAL NURSE
COMPETENT
The description addresses the identified nursing role from part A2, includes specific and relevant examples of how the advanced professional nurse facilitates implementation of value-based care, and is accurate.

A3:SUMMARY OF CURRENT EVIDENCE
COMPETENT
The summary of evidence is relevant to the topic of value-based healthcare and is from 5 scholarly, peer-reviewed sources published within the last 5 years.

A4:IMPLEMENTATION STRATEGIES
COMPETENT
The description of 2 strategies to implement (or that were used to implement) value-based healthcare in the organization is aligned to the “Value-Based Nursing Care Readiness Assessment” and contains specific examples. The strategies described are relevant and plausible.

A4A:KEY STAKEHOLDERS
COMPETENT
Key stakeholders relevant to each strategy described in part A4 are identified.

A4B:STAKEHOLDER ROLES
COMPETENT
The submission accurately describes each stakeholder’s role in relation to each strategy for the implementation of value-based healthcare described in part A4.

A4C:MEASURING EFFECTIVENESS
COMPETENT
The submission describes specific methods to measure the effectiveness of the strategies identified in part A4, each method is aligned with its strategy, and the description of each method is supported by specific examples.

A5A:READINESS ASSESSMENT SUMMARY
COMPETENT
The summary logically addresses each of the given points and is supported by examples of each assessment area.

A5B:ORGANIZATIONAL STRENGTHS
COMPETENT
The discussion of 2 organizational strengths is relevant to the completed “Value-Based Care Readiness Assessment” and is supported by specific examples. The Elements Of A Value-Based Healthcare Assignment

A5C:ORGANIZATIONAL OPPORTUNITIES FOR IMPROVEMENT
COMPETENT
The discussion of 2 organizational opportunities for improvement is relevant to the “Value-Based Nursing Care Readiness Assessment” and is supported by specific examples.

A5D:LEVEL OF READINESS
COMPETENT
The analysis of the organization’s level of readiness to implement value-based care based on its readiness score includes specific examples and aligns with the “Value-Based Nursing Care Readiness Assessment.”

A5E:READINESS ASSESSMENT COPY
COMPETENT
A copy of the completed “Value-Based Nursing Care Readiness Assessment” from the CPE is provided.

B:APA SOURCES
COMPETENT
The submission includes in-text citations and references for content that is quoted, paraphrased, or summarized and demonstrates a consistent application of APA style.

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C:PROFESSIONAL COMMUNICATION
COMPETENT
Content reflects attention to detail, is organized, and focuses on the main ideas as prescribed in the task or chosen by the candidate. Terminology is pertinent, is used correctly, and effectively conveys the intended meaning. Mechanics, usage, and grammar promote accurate interpretation and understanding The Elements Of A Value-Based Healthcare Assignment