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How The US Health System Reconcile The Need For Medical Innovation To Slow
Cost Growth.

How The US Health System Reconcile The Need For Medical Innovation To Slow
Cost Growth.

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How The US Health System Reconcile The Need For Medical Innovation To Slow
Cost Growth.

How The US Health System Reconcile The Need For Medical Innovation To Slow
Cost Growth.

The US healthcare system faces the challenge of reconciling the need for medical
innovation with the need to slow cost growth. To address this issue, a balanced approach is
required to ensure sustainable progress while keeping costs under control. In my opinion,
adopting value-based care models can be an effective strategy.

A shift towards value-based care can promote both medical innovation and cost-
containment initiatives. Value-based care focuses on improving patient outcomes while
controlling costs by rewarding high-value care and penalizing low-value care.

Implementing value-based care requires several components. Firstly, payment systems

need to be reformed to reward value rather than volume. Moving away from fee-for-service and
towards alternative method, can provide reasons for providers to deliver effective care without
over utilizing resources. Secondly, robust health information technology infrastructure should be
established to enable data sharing. This would facilitate the measurement and reporting of
outcomes, thus informing quality improvement efforts, (Attaran, 2022).
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How The US Health System Reconcile The Need For Medical Innovation To Slow
Cost Growth.

Reference
Attaran, M. (2022). Blockchain technology in healthcare: Challenges and
opportunities. International Journal of Healthcare Management, 15(1), 70-83.