Addressing the Costs and Quality Of Healthcare
Oct 17, 2011
No segment of America’s economy is a greater threat to long-term prosperity than our health care system. To further efforts to reduce the costs and improve the quality of health care in this country, PGPF has provided grant money to the Institute of Medicine, the health arm of the National Academy of Science.
IOM is an independent, nonprofit organization that provides unbiased and authoritative advice to decision makers and the public. With PGPF funding, IOM hosted a series of meetings between experts from across the sector with three critical aims: identifying the elements of health care that provide the most value; reducing waste and inefficiency in the health care system; and delivering care that is proven to work. These meetings led to the publication of The Healthcare Imperative: Lowering Costs and Improving Outcomes, which presents their findings and discusses steps necessary to lower the nation’s health care expenses by 10% over time while improving quality. A summary of the report linked here highlights a number of key opportunities and cost reduction strategies identified during the discussions that are currently available to many healthcare providers.
Further Reading
Chart Pack: Fiscal Outlook
The national debt is already at its highest level since just after World War II, and annual deficits are on an upward trajectory.
The One Big Beautiful Bill Act Is the Most Expensive Reconciliation Package in Recent History
This week, lawmakers in Congress approved reconciliation legislation that will add trillions of dollars to America’s already unsustainable fiscal trajectory
Healthcare Costs Are a Major Driver of the National Debt and Here’s the Biggest Reason Why
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.