Title

Strategies for Improving Healthcare Efficiency While Reducing Costs

Authors

Jean Calvin Tchatchoua Mbitcha, Walden University

Files

Description

• In comparison to the European healthcare system, the U.S. healthcare system has lower quality care, higher costs, and covers a smaller percentage of the population (Thomas et al., 2016).

• The United States spends annually approximately $9,523 per person on healthcare, which is more than 2.5 times the average paid by the other Organization for Economic Cooperation and Development (OECD) countries (Abbott, Sutton, & Edwards, 2014; Martin et al., 2016).

• The general business problem is that the high cost of limited and modest healthcare services jeopardizes the standard of living and the economic security of U.S. citizens.

• The specific business problem is that some healthcare managers have limited strategies to improve efficiency while reducing healthcare costs.

Publication Date

7-27-2018

City

Minneapolis, MN

Keywords

Research Symposium