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In a system of free-market healthcare, prices for healthcare products and services are set freely by agreement between patients and health care providers, which are subject to the laws and forces of supply and demand and free from any intervention by a government, price-setting monopoly, or other outside authority.
The philosophy of healthcare is the study of the ethics, processes, and people which constitute the maintenance of health for human beings. [citation needed] For the most part, however, the philosophy of healthcare is best approached as an indelible component of human social structures.
Medical ethics encompasses beneficence, autonomy, and justice as they relate to conflicts such as euthanasia, patient confidentiality, informed consent, and conflicts of interest in healthcare. [ 12 ] [ 13 ] [ 14 ] In addition, medical ethics and culture are interconnected as different cultures implement ethical values differently, sometimes ...
Value-based health care (VBHC) is a framework for restructuring health care systems with the overarching goal of value for patients, with value defined as health outcomes per unit of costs. [1] The concept was introduced in 2006 by Michael Porter and Elizabeth Olmsted Teisberg , though implementation efforts on aspects of value-based care began ...
In the healthcare industry, pay for performance (P4P), also known as "value-based purchasing", is a payment model that offers financial incentives to physicians, hospitals, medical groups, and other healthcare providers for meeting certain performance measures. Clinical outcomes, such as longer survival, are difficult to measure, so pay for ...
Faden, Kass and colleagues have put forth an ethics framework for the learning health system that is anchored on seven essential obligations: (1) respecting dignity and rights of all patients; (2) respecting clinical judgment; (3) providing optimal care to every patient; (4) avoiding the introduction of non-clinical burdens and risks; (5 ...
The health management system (HMS) is an evolutionary medicine regulative process proposed by Nicholas Humphrey [1] [2] in which actuarial assessment of fitness and economic-type cost–benefit analysis determine the body's regulation of its physiology and health.
The Healthcare Information and Management Systems Society (HIMSS) is an American not-for-profit organization dedicated to improving health care in quality, safety, cost-effectiveness and access through the best use of information technology and management systems. It was founded in 1961 as the Hospital Management Systems Society.