WGU C158 Organizational Leadership and Interprofessional Team Development 2023 Essay

WGU C158 Organizational Leadership and Interprofessional Team Development 2023 Essay. Business Practices in Patient and Family Centered Care Business Practices Any successful business has a concrete model. The healthcare industry is no exception. For any healthcare system to succeed in today’s market, a patient-centered business practice is imperative. The patient-centered model was conceived over 30 years ago by Angelica Thieriot after her own hospitalization due to a trauma, according to Charmel & Frampton (March 2008). She envisioned a healthcare system that placed the patient at the center of the practice model, where they make decisions along with providers and are a welcomed partner in their healthcare. Since the introduction of patient-centered care, health systems have had to adapt their business practices to providing individualized care to their consumers. The patient is no longer tied to one health system but can freely choose where they receive care. Thus, healthcare systems have had to adapt to a consumer-based approach by recognizing patients have a choice of a variety of healthcare systems. The public has become more educated in evaluating their healthcare choices, thus polices and procedures, and patient-focused mission statements and values are imperative to the success of any organization in today’s market. By adopting the core concepts of patient- and family-centered care, as set forth by the Institute of Patient- and FamilyCentered Care (2018), a healthcare organization can adopt a solid business model and will effectively relay their commitment to quality to the public. Successful healthcare systems are structured on a business model that can also freely adapt to a fluid environment. They learn to do more with less, individualize care to their patrons’ needs and preferences, and become effectively efficient with the resources on hand, while constantly monitoring new technologies to improve patient outcomes. Organizational Leadership 3 Regulatory Requirements Regulatory requirements have helped enhance the concept of patient-centered care. Regulatory bodies, such as the Center for Medicare and Medicaid Services (CMS), place regulations on healthcare services that inspire facilities to provide a high level of care. Quality Measures are an example of rules set by CMS to help guide facilities to deliver safe, quality healthcare by outlining definitive steps and outcomes that must be met to meet each initiative’s goal. The Joint Commission is another accrediting body that sets forth standards for the delivery of safe patient care, known as National Patient Safety Goals. These goals are developed and revisited on an annual basis. The number of regulatory requirements placed on healthcare facilities changes constantly. Government agencies and regulating bodies are constantly monitoring the state of healthcare in the United States and revise and create new regulations in order to keep patient safety at the forefront of healthcare. Reimbursement While private payments and insurance revenue are a big part of reimbursement for any facility, these two cannot sustain the life of any healthcare facility in today’s economy. To be able to compete in an ever-evolving milieu, federal reimbursement must be a constant source of income. In 2008, CMS transformed their reimbursement model for acute care facilities by tying payment to patient outcomes. This meant that government funds would no longer pay for mistakes made during a patient’s hospitalization and the hospital would have to absorb the cost of care (Sullivan, 2012, p. 2). Payment for performance became the standard at this time. Organizational Leadership 4 Quality initiatives were then put into place to set a standard for which patient outcomes could be measured. This helped to adopt the mindset that prevention played the key role in successfully managing a patient’s care, rather than treatment as the result of poor care. Patient and Family Centered Care Tool