6
HOME IS WHERE THE CARE IS
The home is where much more care can and should be provided. Unfortunately, the current payment system for healthcare services directs a disproportionate amount of care into higher-cost facilities that deliver the same or inferior outcomes. From a cost perspective, institution-based care is three to eight times more expensive than equivalent home-based care. Equally important, patients prefer home-based care when it is available.
Other advanced economies understand home care’s relative benefits. They direct a much higher percentage of care into the home. That is among the reasons that US care costs are much higher than other OECD (Organisation for Economic Co-operation and Development) countries. Despite the higher ...
Get The Anatomy of a Turnaround: Transforming an Organization by Prioritizing People, Performance, and Positioning now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
