Health Care Cost And Value Analysis

403 Words2 Pages
In week five of our class, we read chapter 12 which discusses the health care costs and value. We can see that even though the United States spends a large sum on health care, it doesn’t necessarily mean that it’s working and that we are receiving our value for the amount we are spending. When we compare the health care systems of other countries to ours, we see that we need to change our methods in order to get better care and value. “When we look at some ways to measure this we can look at three categories where our money is lost: waste in production, overconsumption of services, and high prices and labor inputs (Knickman & Kovner, A., 2015).” Waste can be caused by lack of coordination, procedures that are not needed, and administrative

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