Why Is Providing Better Care at a Lower Cost So Important Right Now?
Neel Shah, MD, MPP, Obstetrician/Gynecologist at Beth Israel Deaconess Medical Center; Assistant Professor at Harvard Medical School; Founder of Costs of Care
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Learning Objectives: At the end of this activity, you will be able to:
Description: Neel Shah, MD, MPP, an obstetrician/gynecologist at Beth Israel Deaconess Medical Center, has been passionate about reducing costs and waste in the health care system since he started practicing. Why has the time come for value-based care? And what’s one easy way to identify waste in a system?
- What role do patients play in determining cost and quality in health care? What role do policy makers and payers play?
- In comparing a health care system to a cost center, Neel says, “The way to protect our margins is to figure out where the waste is — and get rid of it.” How might you identify waste where you work?
- Think of a time you were the “lowest on the totem pole” in a professional setting. What waste or inefficiencies did you identify? Did you fix it? Why or why not?