TA 101 Lesson 3: Lowering Costs of Care
This final lesson will explain why lowering costs of care is an essential component of improving the quality of health care and the health of populations. In the first two lessons, you learned the basics of population health and how you can maximize your impact as a health care professional by putting patients and families at the center of care, promoting equity, and looking further upstream. Now, we’re going to step back again, to show you how organizations and communities are working together to make a difference for the populations they serve — part of which is lowering costs.
Estimated Time of Completion: 40 minutes
Learning Objectives
After completing this lesson, you will be able to:
1. Distinguish between cost and value in health care.
2. Discuss the potential for the IHI Triple Aim to improve health while reducing costs of health care.
3. Describe the ethical case for resource stewardship in health care.
Contributors
Author(s):
Jonathan Finkelstein, MD, MPH, Professor, Harvard University Medical School View Profile
Editor(s):
Laura Fink, Senior Managing Editor, Institute for Healthcare Improvement View Profile
Reviewer(s):
Madge Kaplan, Director of Communications, Institute for Healthcare Improvement View Profile
David Kindig, M.D., Rh.D, Emeritus Professor of Population Health Sciences, University of Wisconsin View Profile
Ninon Lewis, MS, Executive Director, Institute for Healthcare Improvement View Profile
James Moses, MD, Chief Quality Officer, Boston Medical Center View Profile
Requirements
You must be a registered IHI.org user to take this lesson.
You must achieve a minimum score of 75% to successfully complete this lesson.