Bibliography On Cost And Transparency As A Healthcare Proble

Bibliography On Cost And Transparency As A Health Care Problemstudent

Develop a 3-page annotated bibliography and summary based on research related to best practices addressing the health care problem of cost and transparency in healthcare organizations. Select one health care problem or issue from the Assessment Topic Areas media piece, provide an overview including the problem’s summary, your interest, and any professional experience. Conduct a literature search using credible databases such as Google Scholar, choosing keywords like “health care problems,” “cost,” and “transparency,” and select four recent peer-reviewed journal articles (published in the last 3–5 years) relevant to the topic. Assess the credibility, relevance, appropriateness, and recency of these sources. For each article, provide a paragraph summarizing its purpose, main findings, and rationale for inclusion. Write your annotated bibliography in paragraph form, approximately 150 words per entry, and list references in APA format with proper hanging indents in alphabetical order. Finally, summarize what you learned from developing the bibliography and your research, highlighting main points and how the sources contributed to your understanding of healthcare cost and transparency issues.

Paper For Above instruction

The escalating costs of healthcare services and the lack of transparency surrounding these costs pose significant challenges to healthcare organizations, impacting accessibility, quality, and patient trust. Transparency in healthcare costs not only helps patients make informed decisions but also promotes competition among providers, potentially leading to improvements in safety, quality, and efficiency. This paper explores current best practices and scholarly research addressing healthcare cost and transparency issues, aiming to provide a comprehensive understanding of effective strategies in this domain.

The research process began with defining relevant keywords such as “healthcare cost transparency,” “medical pricing,” and “healthcare affordability,” utilizing Google Scholar as the primary database. The criteria for selecting articles included peer-reviewed status, recent publication within the last five years, and relevance to the core themes of healthcare costs and transparency. This selection process ensured that the sources were credible, current, and applicable to contemporary healthcare challenges.

One of the key articles reviewed is Craig et al.’s (2019) study on medication cost transparency alerts and prescriber behavior. The article investigates whether real-time alerts about medication costs influence physicians to prescribe lower-cost options. The findings indicate that such alerts can effectively reduce the prescription of high-cost medications, promoting cost-conscious behavior among prescribers. This research underscores the importance of integrating transparency tools within electronic health systems to mitigate unnecessary healthcare spending.

Similarly, Gelareh et al. (2017) discuss the implications of price transparency for radiologists and patients, particularly in medical imaging. They highlight state laws mandating the disclosure of healthcare prices and emphasize that improved transparency can enhance patient engagement and shared decision-making. The article concludes that radiologists should be aware of transparency initiatives to optimize clinical and financial outcomes, illustrating how policy and practice intersect to address cost issues.

Lina et al. (2020) explore how time pressure influences physicians’ prescription choices when presented with cost information through recommender systems. Their research shows that lower-cost medications are more likely to be prescribed when physicians are provided with real-time recommendations, though daily time constraints can affect this behavior. This study points to the potential of technological interventions in reducing costs, especially when clinician workload is managed effectively.

Sunita et al. (2016) analyze the impact of online price transparency tools on outpatient healthcare spending. Their findings suggest that merely offering access to price information does not necessarily reduce spending; in fact, outpatient costs increased slightly after implementation. This indicates that transparency alone may be insufficient to control costs, emphasizing the need for comprehensive strategies that include patient education and system-wide reforms.

From developing this annotated bibliography, it is apparent that multifaceted approaches—including technological solutions, policy frameworks, and stakeholder engagement—are vital to effectively address healthcare cost and transparency issues. The sources collectively contribute to a nuanced understanding of how transparency impacts prescribing behaviors, patient decisions, and organizational policies, highlighting the need for ongoing innovation and reform in healthcare cost management.

In conclusion, transparency in healthcare costs has the potential to foster trust, improve decision-making, and promote efficiency. However, real-world application requires integrating comprehensive policies, leveraging technology, and understanding provider and patient behaviors. These scholarly articles provide valuable insights into strategies that can be adopted to address the persistent challenge of controlling healthcare costs through effective transparency initiatives.

References

• Craig, B., Joshua, M., Barak, G., Kevin, J., & Thomas, H. (2019). The effect of medication cost transparency alerts on prescriber behavior. Journal of the American Medical Informatics Associations, 26(10).
• Gelareh, S., Ruth, C., Elizabeth, A., Carolyn, C., & Richard, D. (2017). Implications for radiologists and patients in an era of expanding shared decision making. Journal of Radiology and Healthcare Policy.
• Lina, B., Balaji, P., & Kaushal, C. (2020). The role of time pressure and cost transparency in prescription choice. M/S Quarterly, 44(4).
• Sunita, D., Laura, A., Andrew, L., Michael, E., & Ateev, M. (2016). Association between availability of price transparency tool and outpatient spending. JAMA Internal Medicine.