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System Partnerships between Medical Device Companies and Health Care Providers

URN zum Zitieren der Version auf EPub Bayreuth: urn:nbn:de:bvb:703-epub-3453-2

Titelangaben

Ludwig, Elisabeth:
System Partnerships between Medical Device Companies and Health Care Providers.
In: Schmid, Andreas ; Singh, Simone (Hrsg.): Crossing Borders - Innovation in the U.S. Health Care System. - Bayreuth : P.C.O. , 2017 . - S. 149-161 . - (Schriften zur Gesundheitsökonomie ; 84 )
ISBN 978-3-941678-63-7

Abstract

The American health care system has some of the worst quality outcomes and highest costs internationally. In order to address these issues, the Medicare Access and CHIP Reauthorization Act (MACRA) was passed in 2015 by Congress. MACRA is a new value- and quality-based payment model which rewards providers for high quality care and penalizes providers with low quality outcomes. Under the law, two health care payment models, the Merit-based Incentive Payment System and Alternative Payment Models, put patients as the focus to promote patient-centered health care. Providers have difficulties adapting to these new models, but through system partnerships they can be supported. System partnerships are relationships between medical device companies and providers which are more than common customer-vendor relationships. In fact, system partnerships aim to develop complex treatment solutions together. This paper reviews whether system partnerships can effectively lower costs and improve the quality of health care systems. In addition, the advantages of the system partnerships, such as digitalization, are compared to the risks they pose to patients and providers, such as information asymmetries. At present, analysis of these factors shows that the advantages outweigh the risks. Therefore, the use of system partnerships as a means to lower costs and improve quality is recommended.

Weitere Angaben

Publikationsform: Aufsatz in einem Buch
Keywords: Health Reform; USA; Payment Reform; Industry
Themengebiete aus DDC: 300 Sozialwissenschaften > 330 Wirtschaft
Institutionen der Universität: Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät > Fachgruppe Betriebswirtschaftslehre > Juniorprofessur Gesundheitsmanagement
Fakultäten
Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät
Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät > Fachgruppe Betriebswirtschaftslehre
Sprache: Englisch
Titel an der UBT entstanden: Ja
URN: urn:nbn:de:bvb:703-epub-3453-2
Eingestellt am: 20 Nov 2017 12:33
Letzte Änderung: 20 Nov 2017 12:33
URI: https://epub.uni-bayreuth.de/id/eprint/3453

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