Triple Aim Healthcare also encourages a holistic approach. This is a proven path to improving population health.īy focusing on quality instead of quantity (i.e., aiming for better outcomes for patients instead of the total number of patients treated), the value-based care delivery and payment system strongly incentivizes providers to try and improve their standards when treating patients. In such a system, healthcare providers are compensated based on the quality of care they provide. Triple Aim is designed to promote a value-based care delivery system. Instead, providers have to identify innovative strategies to engage with their patients within the local communities and try to improve public health outside the clinical setup.
The Triple Aim approach is hinged on the understanding that better public health cannot be achieved solely by improving hospitals and clinics. Apart from developing frameworks like Triple Aim, they are also actively involved in providing training and awareness programs to specialists working in the healthcare industry. The IHI currently operates as an independent organization with global reach. The organization now receives funding and support from many sources, including revenue from its own teaching courses on improving population health. In 1991, the Institute was more formally structured, with a headquarters located in Boston, MA. The Institute was formed by a group of healthcare specialists and other experts with the mission of optimizing health system performance and finding ways to improve the quality of health care.ĭuring the early stages, the Institute for Healthcare Improvement functioned merely as a collection of grant-supported programs. The Triple Aim framework was created in 2007 by the Institute for Healthcare Improvement, an organization founded in the late 1980s. As the name suggests, this framework has three key objectives: Triple Aim is a framework developed with the goal of optimizing the performance of healthcare systems and reducing costs of medical care. In this guide, we will discuss what the Triple Aim is all about and how Remote Patient Monitoring (RPM) can help in achieving its central goals. The Triple Aim healthcare philosophy has been developed to make a positive difference to the state of health systems around the world, and in the US in particular. And yet, Americans have one the lowest life expectancy rates and one of the highest rates of chronic illnesses among high-income nations. Ironically, among all the developed nations, the US spends the most on health care.
Inefficiency, high operating costs, and failure to provide easy access to care, particularly for patients from underprivileged sections – the list of issues is fairly long and has complex origins. The healthcare system in the United States suffers from a host of limitations.
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